September 17, 2007
Climate change as an excuse to 'tax the [bleep] out of us'
On Saturday, the Wall Street Journal featured a discussion with Michael O'Leary, CEO of low fare Irish airline, Ryanair. Portrayed as kind of a swashbuckler, O'Leary offered up an interesting array of comments on the airline industry and the regulatory environment, but he saved up his most scathing attacks for the new climate change taxes with which Britain is hitting the airlines. His profanity-laced tirade regarding these taxes is right on the money, literally!Mention airlines and carbon dioxide in the same sentence, and he begins peppering his language with four-letter words. Earlier this year, before becoming Britain's prime minister, Gordon Brown raised taxes on air travel to and from the U.K. The then-Treasury chief's stated purpose was fighting climate change. Mr. O'Leary, whose airline serves more than a dozen British airports, demurs: "He just raised taxes on airlines. It has [bleep]-all to do with climate change! We've...(Read Full Post)