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Thursday, May 17, 2012

Taxpayers Federation Says Gas Prices In Province Are Rigged

The Canadian Taxpayers Federation says it's time the Alward Government stopped rigging the system by taxing the tax on gasoline when it applies the H-S-T on both the provincial and federal taxes.

The Federation's Atlantic Director Kevin Lacey tells CHSJ News this is costing you an extra three cents a litre everytime you fill up and that's on top of the almost 3 cent a litre increase that was imposed last year which means you're paying 6 cents a litre more just in tax now than you were in 2010.
 
Lacey estimates since raising the gas tax in 2011, the provincial government has collected more than 45 million dollars in new gas tax revenue with 29 per cent of the pump price consisting of tax. 

The Taxpayers Federation also estimates the average two car family in the province will pay about $1,260 in gas tax each year.