Petrol Prices
Gordon Brown is calling for a cut in petrol prices.
If he does, then he can simply reduce the amount of tax he levies on it, which as I previously revealed is the highest in the G7, with 55% of of the price we pay at the pump going straight in to the government’s coffers.
So any case for a cut in fuel prices can go straight back to Brown and Darling themselves: cut the amount of tax we pay.
[Of course, the fuel companies should also cut their prices to reflect the crude oil price drop - but the government made extra money out of the higher fuel prices and the oil companies didn't, so it's only fair that they now give it back.]
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