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Sunday, February 05, 2023
Targeted Insulation
It is an economic truth universally acknowledged, that pay rises for little people tend to push up prices, while making little people pay more for the necessities tends to protect taxpayers against inflation. Hence Jeremy Chunt's disinclination to prevent, or even greatly mitigate, another steep rise in energy costs from the beginnning of the new financial year. Any such action might have to be paid for with a tax on energy profits: a policy of such Communistic extremism that it has the support of Rachel "Scourge of the Scroungers" Reeves. However, Treasury anonymoids have informed the moderate and sensible press that the present windfall tax has not performed as well as expected, despite HMRC's famously high levels of zeal and efficiency when collecting from those who can afford not to pay; so an increase remains impracticable as long as profits have not yet penetrated a sufficient quantity of roofs for the cartel to feel wholly secure.
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