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Licia Corbella on price of gas: up to 40% or price per liter is TAXES in Canada

  • Amount of tax Canadians pay on a liter of gas?  Up to 40% of the per liter price.

  • Amount of gas emanating from blowhard (mostly) liberal-leftist politicians?  Infinite. (And supplied free at the retail level by liberal media)

    Licia Corbella, one of the most oft-quoted columnists in my blog without actually being a member of our Columnist team (cough**she’swelcomeanytimejustemailme**cough), says good things about the price of gas.  For example, she exposes the truth and includes all the facts, and almost always says not-liberal things, which is rather strange given that she writes for and edits a Canadian newspaper and she is ostensibly a Canadian (at least outside of liberal-left parlance she’s called a Canadian—they would call her un-Canadian as we know). 

    And her words are similar in thrust to mine and come on the heels of things I’ve also been blogging about, which is what I look for.  I kid but a couple of my recent entries are here and here.

    Feds’ claims run empty
     
    The federal government keeps on repeating, over and over again, many untruths about the price of gasoline.

    Both Prime Minister Paul Martin and Finance Minister Ralph Goodale keep saying that reducing federal gas taxes on a litre of gasoline would have no effect on the price at the pump.

    On Monday, Goodale said any tax break of one to two cents per litre would become “invisible”.

    On another occasion he said the decrease in taxes would be “gobbled up” by those greedy oil and gas companies.

    Firstly, he’s giving the impression to uninformed Canadians that the federal take on a litre of gas is one or two cents. It is not. It is much higher than that.

    The feds get 10 cents for every litre of gas sold in Canada PLUS they charge the 7% GST on the entire cost. In other words, they tax their tax and provincial taxes too.

    So if a litre of gasoline costs $1 at the pump, the feds would take 16.6 cents per litre. Coupled with provincial taxes, some jurisdictions pay as much as 40% of the cost of gas to taxes.

    […] So, instead of the feds setting up a new money-wasting government agency to monitor how energy companies set prices, as they vowed to do on Monday, they should look in the mirror to find the main cause of high oil and gas prices in Canada.

    Therein lies the answer.

    Read the whole thing at the Calgary Sun (Sun Media)—(90 seconds).

     

    Joel Johannesen
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