The WSTA says that "the tax structure is such that each additional increase in rate now risks reducing rather than increasing the absolute amount of tax raised."
I only mention this as my original figure was based on the CAMRA estimate of total tax collected per pint of £1 includes VAT ... so if the WTSA comes up with just duty collected being down half a billion pounds this year ... what is the likely total tax take implication?
and the Treasury's Estimate of Scrapping the Beer Duty Escalator?
Net Loss to the Exchequer?
Net Loss All Tax by 2017/18?
... and that doesn't include knock on costs of unemployment caused by the continuing closure and loss of 18 pubs a week.
So I've still only got one question for Georgie Porgie ... "still think the alcohol duty escalators are a good idea?". A fiver says this won't dissuade the Treasury from announcing the retention of the beer duty escalator on March 20th.
Nurse! Meds! Stat!