Saturday, 2 November 2013

Reducing our water bills

The Tories are promising to stop water bills continuing to go through the roof, while Labour are promising lower water bills for low-income families. Yawn. Ever since water was privatised, both major parties have had plenty of opportunities to do these things if they wanted to, and they haven't. Bills have soared - along with profits, with only grudgingly small amounts being spent on fixing leaks, and even then only after prolonged newspaper campaigns.

Here's my proposal. Tax the water companies at 100% of the proportion of our bills that have risen above the rate of inflation, dating back to when they were privatised. Then as share prices plummet, buy them up with the tax revenue. This is renationalisation of regional monopolies that should never have been sold off in the first place, at no cost to the taxpayer, resulting in low bills forever. We can renationalise the railways for nothing, too....

For past posts on the dirty water industry see here and also here and here too.

2 comments:

  1. Tax the water companies at 100% of the proportion of our bills that have risen above the rate of inflation, dating back to when they were privatised.

    Brilliant. And a govt that does not protect its people from this sort of thing is not worth having.

    ReplyDelete

Keep it clean.....