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Yesterday George Osborne was at the treasury select committee, when he showed his lack of basic knowledge about fuel tax. Asked how much of the average price of a litre of petrol at the pump goes to his coffers, Osborne got the answer wrong, by a whole 20p per litre. He forgot VAT. Listen to the video below to hear Osborne get the numbers totally wrong. (Hat-tip: Alex from Sturdyblog)
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