Coalition government announce 'rainbow' tax.

David Cameron today announced a proposed 'Rainbow Tax', designed to limit the enjoyment of rainbows to a manageable level.

In a move predicted to inflame the ire of hippies throughout the country, the move contains proposals for a 20% tax on all rainbow enjoyment and a 'super-tax' bracket for the sort so of hippies who stare at rainbows more than once a month.

The tax will be levied some time around early summer, probably around the date of the summer solstice in a move hailed by tory observers as 'just the sort of genius move that'll wind up those greasy, fucking tie-dye wearing scumbags'

Meanwhile, rumours abound in Westminster about influence from corporate lobby bodies into the execution of the legislation. BP, Shell, Lockheed Martin and British Aerospace are all being touted as potential influences on the move.

Government commentator Chris Branff said 'just what the companies in question have to gain from baiting the great unwashed in this fashion appears to be somewhat unclear.

'It’s no secret that the upper echelons of the Big Oil companies have a seething hatred for all manner of hippy, maybe its got something to do with that

He added, 'But then maybe they’re just being evil for the sheer bloody fuck of it. Wouldn't put it past them'

A spokesman for David Cameron denied the claims of corporate influence outright however, saying, 'Its absurd to think that we'd listen to Big Oil et. al. over the electorate.'

'Our commitment to democracy, accountability and transparency are unfaltering and resolute.

'To suggest that we'd change our policy just because a suited megalomaniac stuffs a wad of grubby notes into our greedy pockets is just absurd.

'That said though, if you do fancy a bit of a policy shift, i do like yachts.

'Just saying'