Scott & Sarah Kennedy

Wednesday, July 06, 2005

We Are Overtaxed!

Here is just another example.

AA recently broke down what we are paying in tax on our petrol. Here is an example on '91 at 132.9 cents/L.

* Crown account 18.71c.

* Land transport fund 22.49c.

* ACC levy 5.78c.

* Petroleum fuels monitoring levy 0.025c.

* Local authority petroleum tax 0.66.

* GST (based on 132.9c pump price) 14.76c.

That's a total of 62.43c tax per litre on our '91 petrol at the moment.


Edit 8/7/5
Corrected typo in GST price.
Corrected total tax per litre.


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