Tag Archives: beer. CAMRA

Opinion: The escalator that’s pricing beer into insensibility

Today, upward of a thousand enthusiasts are descending on Westminster to demand protection for one of the nation’s great heritage assets. Beer.

The Labour government of old was unduly fond of price and tax escalators, which generally take the form of retail price index plus a bit more. I have always regarded this as a rather odd fiscal mechanism because it simply creates a circularity that feeds itself. Costs go up, the RPI duly rises, and costs go up again as a result.

It beats me why the coalition has decided to maintain this blunt policy. Fiscal escalators

Posted in Op-eds | Also tagged and | 10 Comments
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Recent Comments

  • User AvatarSimon Shaw 1st Mar - 4:29pm
    @Stuart "That’s it. Game over. The Murdoch press hates Labour’s proposals, so Labour must be on the right lines." If you don't like The Times,...
  • User Avatarexpats 1st Mar - 4:29pm
    Well I've learned a lot today....The tripling of 'Tuition Fees' was not a Tory policy (because they didn't have one)....It wasn't a LibDem policy because...
  • User AvatarStuart 1st Mar - 4:20pm
    "It happens that I did precisely that (strictly the edge of a sheet of paper)" And what is the difference (in millimetres) between your sheet...
  • User AvatarPeter Watson 1st Mar - 4:12pm
    @Simon Shaw "Do you agree with me that the current model is essentially the same model as what Labour had?" I have made the same...
  • User AvatarStuart 1st Mar - 4:10pm
    @Simon Shaw "Would that be The Times that yesterday had a leading article headlined: STUDENT POLITICS Labour’s tuition fees plan is wrong in principle and...
  • User AvatarStuart 1st Mar - 4:09pm
    People are overlooking a rather obvious fact when they complain that Labour's policy "does nothing" for poorer graduates. (Apart from the fact that they are...
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