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In fact more than half of the cash you hand over to the retailer goes back to the government. Still feeling resentful towards the oil companies and retailers?
The greens would have you believe that the fuel duty should be even higher because that's the only way to convince motorists to use less petrol and respect the environment etc. Well that isn't exactly going to be a vote winner now is it? Especially as we're sliding towards a recession and most people are already starting to feel the pinch thanks to over inflated house prices, price hikes for food, alcohol, cigarettes and other goods. Then there's all the various forms of tax, some quite obvious and others not quite so transparent! Can we really go on swallowing one price increase after another for our fuel knowing full well that most of it goes to the government, especially as there quite often isn't a viable alternative to taking the car. Just check out the bus timetable or the cost of buying a train ticket if you don't believe me.
It's about time things changed. Either cut the duty on fuel to a sensible level and/or invest in better public transport and alternative non petroleum-consuming technology. Ideally a bit of both because we will need to free ourselves from the dependency on oil eventually, and probably more importantly as far as the government is concerned, Joe Public wont have forgotten how much lighter his wallet is when the time comes to go and vote.
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