Thursday, May 17, 2007

Gas Tax Honesty Day

Ottawa: The Canadian Taxpayers Federation (CTF) today launched its 9th annual Gas Tax Honesty Campaign, marking Gas Tax Honesty Day. The yearly campaign kicks off the summer travel season for Canadian motorists. It is also the day of the year that Canadian motorists are reminded of the high tax component hidden in the price of gasoline.

CTF directors held press conferences at six gas stations across the country this morning to talk about government tax gouging. Afterwards, a handful of customers were refunded the tax component of their pump purchase by the CTF as a way to highlight the heavy tax load on gasoline.

Over the past 12 months – the period of May 2006 to April 2007 – the average cost of a litre of gasoline paid by Canadian motorists was approximately 99.2 cents. Gasoline taxes account for an average 33% of the pump price. In the past two years, the average national price of gasoline has increased by over 14 cents.

Read the rest of today's news release here.

Sign the CTF petition calling on Ottawa to cut gas taxes.

For further information, read the entire 2007 gas tax report...

1 comment:

Vancouver Tax Accountant said...

The gas price is out of control and the goverment is benefiting from it. It is simply not fair to the tax payers.

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