Thread: Gas Prices
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Old 05-20-2007, 04:04 AM   #41
Devils'Advocate
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Quote:
Originally Posted by Thunderball View Post
A large amount of our problem in Canada is that at least 25% of our costs are pure tax... provincial excise (9c), federal excise (10c), GST and PST (where applicable). Since the last two are a percentage, they inflate the price as it increases. The real price of refined and delivered gas with profit margin right now is about 80 cents a litre.
I read somewhere that Harper and the Conservatives have decided to BREAK their promise to cut fuel taxes. Ah, here it is:
http://www.thestar.com/Business/article/215240

But I'm sure that the folks here will be happy to explain why the Conservatives are right to break this promise, but it was wrong for the Liberals to break their promise on the GST.
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