SHOULD GREEDY LABOUR CUT FUEL TAX IMMEDIATELY?

In just over two months since the Budget, Gordon Brown’s bonus from oil duty has soared along with escalating prices at the pumps.

Drivers facing daily petrol and diesel rises have forked out £188million in extra VAT since March 12. Over the same period, major oil firms have paid £826million to the Treasury in extra tax.

Added together, it makes £1.014billion of tax paid since the Budget above the Treasury’s forecast. In March, it expected oil to be 84 dollars a barrel but it has averaged 113 dollars since then. Motorists will see the overflowing coffers as further evidence that the Government cares little for families struggling to make ends meet.

The Daily Express crusade for a cut in duty continued to earn growing support yesterday as the true extent of how Gordon Brown is profiting from motorists’ misery was revealed with hundreds of lorry drivers staging go-slow protests around the country and a petition to cut duty being handed in at Downing Street.

They were demanding the Govern­ment give them a rebate of up to 50 per cent on diesel duty.

Accountants Grant Thornton have already confirmed that the Govern­ment could afford to cut fuel duty by up to 12p a litre in the light of its tax windfall.

Yesterday the Association of British Drivers said that the 50.35p-a-litre fuel duty should be slashed by up to six pence.

Do YOU think greedy Labour should cut fuel tax immediately?

Should fuel duty be slashed by up to six pence?

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