Monday, August 25, 2008

A step too far

Taking the money from those who would find more oil and gas and giving it to those who will consume more oil and gas is an absurdity. And that's what Tim Worstall thinks a windfall tax on the energy companies would be.

67% of Britons in a YouGov poll strongly disagreed with him, and he fears that the government will be willing to pander to the ignorance of the populace in order to garner votes.

His counterblast though is a bit drastic:

Perhaps it's time to revive a saying from one of the good socialists (ie,
one of the dead ones), Bertold Brecht. Time to elect a new people

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