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



Recent Comments

  • User AvatarClive Sneddon 16th Sep - 1:30am
    Reading through the comments so far leaves me with the feeling my core idea has been missed – perhaps I wasn’t clear enough. I want...
  • User AvatarT-J 16th Sep - 12:42am
    I'm not going to vote No, because that would send the minute signal that I am satisfied with the status quo. However anodyne the Yes...
  • User AvatarStephen Donnelly 16th Sep - 12:34am
    Good questions, but we have to live with the world as it is, and I don't think there is any practical possibility of the media...
  • User AvatarJohnTilley 16th Sep - 12:33am
    @Mary Reid: “We’ll try to create an exception but in the meantime, perhaps you could refer to it as Wessx!!!” :-) Thanks Mary, I laughed...
  • User AvatarMaria Pretzler 16th Sep - 12:31am
    David Allen, The fact that there are various other problems we have isn't a reason not to tackle this. I am not a believer in...
  • User AvatarJohnTilley 16th Sep - 12:25am
    paul barker 15th Sep '14 - 11:35pm You make a fair point about the time to arrange although that does make the event sound like...