Tuesday, January 15, 2013
Ofsmoke - Go On Have A Fag!
I am gemused to see that some academics have come up with a "novel" scheme for raising tax revenues from the fag industry, without raising taxes on the fags themselves.
Cap the profits of the fag manufacturers by imposing a form of "super profits tax".
The academics are of the view that Nanny could raise at least £500M a year by imposing a profits tax similar to the means used to control the price of water.
How amusing that they liken fags to water!
Writing in the journal Tobacco Control, they say reducing profits would allow for higher taxes without changing the price in shops.
Dr Branston of the University of Bath wants to create a regulator (Ofsmoke), similar to Ofwat, to limit the profits made by tobacco manufacturers.
All very academically "entertaining" no doubt. However, here is the real world reality:
1 Ofwat has proven itself to be bollocks at regulating the water industry. Just ask yourself how much water is being wasted, at a cost to the consumer of water shortages and hosepipe bans, by some of the water companies because they will not upgrade their infrastructure.
2 The cigarette industry directly employs approximately 70,000 people in the UK (not forgetting those employed in other sectors who benefit from the sale of fags, eg corner shops). Were Nanny to implement profit hostile legislation they would simply move their remaining operations offshore.
Nanny should allow people to indulge their vices, and not interfere in people's private lives.
Visit The Orifice of Government Commerce and buy a collector's item.
Visit The Joy of Lard and indulge your lard fantasies.
Show your contempt for Nanny by buying a T shirt or thong from Nanny's Store.
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Why not really indulge yourself, by doing all the things that Nanny really hates? Click on the relevant link to indulge yourselves; Food, Bonking, Gifts and Flowers, Groceries