The State, remember, is already hated in the South with a passion and that was on the back of the artificially expanded services / tax ratio of the over heated Brown Boom The overriding problem with this idea is that no - one believes in hypothecation which is a quite infantile concept when we are so badly in debt. (nextleft.org)
/ / So the answer to «windfall profits» is not a «windfall tax», but a reformed ETS that will deliver regular flows of additional finance into government coffers - the perfect target for a campaign for progressive hypothecation. (nextleft.org)