Category Archives: taxes

Recycling old announcements

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Reading the Metro today is seems that the Transport Minister Sadiq Khan has announced that the fines for over running roadworks will be increased from 2,500 pounds a day to 25,000 pounds a day, which notionally seems a good idea just as it did when he announced the same thing back in October. One thing that the new announcement does tackle is the concern that “utility firms could use it as an excuse to put up domestic prices to compensate“, the cunning plan to stop this which can not possibly fail is …they won’t be allowed to do it. Because … Continue reading →

You say Tobin they say Robin

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So after the G20 decided that a Tobin tax was a bad idea it has risen zombie like at the behest of varies lovies lefties and media pundits under the new name of The Robin hood tax. Which is far more fun sounding, though one has to ignore that Robin Hood was if the legends can be believed mainly against taxation, and has it’s own FaceBook page. Of course all of the problems pointed out last time about the Tobin tax still apply, it requires global enforcement else all of the transactions to be taxed will just change jurisdiction, it … Continue reading →