Imagine the effect an end to the a 20% tax on consumption would have.
We know that almost all income is spent on personal consumption.
Meanwhile, a price increase of 30 per cent has had little effect on consumption.
There had been signs that the high price of oil was beginning to have an impact on consumption.
And he should do it by increasing taxes on consumption, not investment.
Maximum use of natural light to cut down on electrical consumption.
The effect on consumption will probably be small, experts said.
But the warning is not expected to have a big effect on consumption.
One of the first schemes that people try is simply to cut down on consumption.
Instead of making those investments in our future, we spend on consumption now.