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This is a great show of how the government needs money and so, not out of spite for any business but out of a need for funding, they are considering putting a tax on a local Enterprise Car Rental franchise. Obviously, the owners are not happy with this and say that price would hurt them and the customers, which would only consist of out-of-towners and not the locals who want the downtown renovated in the first place. The suggestion they made, which seems fair to me, is to put an even smaller percentage tax on all restaurant's goods and services. This way there is less harm done to any single producer, because restaurants as a whole have a much lower inelasticity than car rentals in a single town, and any given customer, of which there would be many more for a restaurant, would not feel they were losing as much money to this tax. Plus, a tax on restaurants would force those citizens that wanted their community to look nicer to pitch in a little.

Consumer prices rose 2.8 percent from a year earlier, compared with 2.7 percent in January, the Office for National Statistics said in London today. The two major reasons for persistent increase in average price level are higher energy bills and a weaker pound. Housing, water, electricity and gas added 0.11 percentage point to annual inflation in February - the biggest upward impact. Investor confidence unexpectedly rose to a three-year high of 48.5 in March from 48.2 in February, which means higher aggregate demand and demand-pull inflation.