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Gusman · 61-69, M
swirlie · 31-35, F
@Gusman
What was the price of petrol down your way before the Americans elected Trump to do their bidding for them?
Gusman · 61-69, M
@swirlie AU ~ $6.40
swirlie · 31-35, F
@Gusman
...so you're up about 20% overall then.
In Canada, we're up about 20% as well.
Gusman · 61-69, M
@swirlie Currently the Federal Government has halved the fuel tax.
Before the halving, the price was around ~ AU$10.40.
The fuel tax discount ends on June 30th. So the high prices will return.
swirlie · 31-35, F
@Gusman
Starting this morning, the Fed completely eliminated all tax on petrol in Canada until September of 2026, I think they said. Of itself, the excise tax was 19 cents/L.
Gusman · 61-69, M
@swirlie The fuel tax here is normally 52.6 cents per litre.
swirlie · 31-35, F
@Gusman
Wow! That's mafia talk!
Gusman · 61-69, M
@swirlie The tax is got to be so high because up to 30% of big businesses here earning over $100 million paid no tax in the 2023/24 financial years.
So the government hits up the little guy to top up it's coffers.
swirlie · 31-35, F
@Gusman
I'll never understand why governments make those really dumb financial incentives available to big business. If zero taxation is the only thing that attracts them to the region, then maybe they shouldn't really be there in the first place? Wouldn't that be their first clue?