The Environment Secretary, Caroline Spelman, is proposing a 10% flood tax on your home insurance premiums to help cover damage in the aftermath of the recent floods.
Our view is that this is another stealth tax and should only be considered if something, say like the fuel tax is reduced, so in the end the consumer is not handicapped.
The problem with stealth taxes is that they get installed but never get removed and always seen to increase.
I think it would first be fair to ask first what difference the money already gone to the flood defences actually made and if it was found to be insufficient address that matter before Ms Spelman looks to take yet more money.
These notes are not meant to be political, but sometimes you have to ask where do governments get their ideas from?
Well you heard it here first, just sorry it wasn’t good news, and let’s just hope the sun comes out and stays out!!
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