Topic: | Re:Re:Re:Re:OIL Prices | |
Posted by: | Sam Hearn | |
Date/Time: | 18/12/14 11:51:00 |
"It seems like a perfect opportunity to raise some extra tax to help with the deficit." In as much as lower oil revenues from the North Sea automatically reduce the Treasury's tax take I would think that if low oil prices persist any conceivable UK Government will need to find a way to increase its tax base. It will be interesting to see how "cost of living crisis Ed" plays this one. |