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 AvatarJamesG 28th Aug - 11:12pm
    There's another assumption without foundation here; that Tories and Labour must reform but the Libdems are just wonderful as they are. On the contrary, had...
  • User AvatarSimon Shaw 28th Aug - 11:07pm
    @Dave Orbison I didn't count actually. It was merely a guess. The fact that you consider it broadly accurate speaks volumes.
  • User AvatarLeave The EU 28th Aug - 11:03pm
    @JP - Anna Soubry - "No need to worry any more." - for who? :-) All the best and peace.
  • User AvatarJohn Peters 28th Aug - 10:57pm
    No need to worry any more. We are all united in Leave now. http://www.open-britain.co.uk/
  • User AvatarDave Orbison 28th Aug - 10:55pm
    Simon Shaw - you went back and counted how many times I asked a reasonable, and by the way totally genuine question re LibDem policy,...
  • User AvatarSimon Shaw 28th Aug - 10:50pm
    @Dave Orbison "As for accusation that I am ‘obsessed’ for merely querying what the policy is ..." It wasn't merely that. It was the fact...