Here are two stories that, linked together, give a good picture of how the UK is doomed to become a third world country.
First up: England’s “climate advisor” wants to place a tax on people who are “frequent fliers.”
The chairman of the Government’s Committee on Climate Change suggested those who flew more often should face higher levies than those who travelled infrequently.
Lord Turner was speaking as the Committee unveiled its report which said drastic action – including higher taxes – were needed to curb the growth in aviation demand over the next four decades.
In its report, the Committee said that the number of people flying to and from British airports should increase by no more than 60 per cent by 2050 for the Government to meet its target of ensuring that aviation’s carbon emissions are no higher then than they were in 2005.
It has called for the cost of air travel to be raised by a number of means including higher taxes, charging airlines more for the carbon they use.
However Lord Turner admitted that “social fairness” would be a key factor in working out how these taxes would be levied.
“If you leave it entirely to a price regime, then people will be able to fly if they can afford it,” Lord Turner said.
The report found that those earning more than £60,000 annually flew just under four times a year, while those on £20,000 took only two flights.
“We will have to see what our policy responses are and to examine whether we could increase the marginal cost of flying beyond two to three flights a year.
Easy enough for this “Lord” to say given he’ll never have to pay that tax. Kinda like our Congress passing health care reform but making porvisions for them not needing to abide by it.
Second: England is going to tax bonuses on all bankers.
Not just any tax. A FIFTY PERCENT TAX!!!
Britain announced its intention on Wednesday to apply a one-off 50-percent tax on bankers’ bonuses over 25,000 pounds to claw back half a billion pounds of state money spent on rescuing ailing lenders.
Finance minister Alistair Darling, announcing the measure in his latest budget speech to parliament, added that he had decided against levying a one-off, or so-called windfall, tax on banks’ profits.
