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 AvatarLaurence Cox 25th Mar - 5:22pm
    @Red Liberal There are many of us who would welcome people with your views. Check out the Social Liberal Forum http://www.socialliberal.net/ for like-minded people.
  • User Avatarfrankie 25th Mar - 5:16pm
    Red Liberal, All parties have factions, that isn't an issue as long as we can agree to disagree. The problem is when one faction insists...
  • User AvatarDan Hunt 25th Mar - 5:16pm
    Red Liberal; certainly hope you didn't pick up any negative vibe for my piece. The more the merrier as far as i'm concerned and we...
  • User AvatarLaurence Cox 25th Mar - 5:13pm
    @gerald clayton Don't fall for the line from the snake-oil salesmen selling underwater drones. The Swedes, who are no laggards in defence, still have problems...
  • User Avatartheakes 25th Mar - 4:53pm
    Red Liberal: where do you get this apparent anti feeling from us. News to me and I have been around the party a hell of...
  • User AvatarRed Liberal 25th Mar - 4:49pm
    Just joined the LDs from Labour (after 15 years) as I oppose Corbyn, Momentum and Hard Brexit. Sounds as if some existing LD members don't...