Gas Control
- Thread starter Darts
- Start date
First remove the provincial sales taxes. Then should delivery charges from the refinery be equalized?
For everybody's comfort, gas should be controlled.
That won't work the oil companies will just raise the prices to make up for the lack of volume
No just control the amount of gas taxes levied on us. That will give us some relief at the pumps.
An important part of this question is missing. By what method are you asking if governments should control gas?
1) If they simply regulate the price of gas, we'll end up with shortages as it won't make sense to sell gasoline in Canada. Supply will simply go elsewhere.
2) If you're asking if government should subsidize gas, that ties into the next one....
3) If you're asking if the government should lower current taxes on gasoline, it'd just be robbing Peter to pay Paul.
What the government should do is rein in spending so that lowering the gas tax is actually feasible without going into even more debt.
Government should have taxes adjusted for price of gas. In other words, as price of gas goes up, the effective tax rate decreases. This is similar to how government taxes our income. The more money we make, the higher the effective tax rate.
Government is definitely having a winfall (as per @Darts statement above) with the escalating gas prices. Government is currently incented to keep gas prices increasing. Its more money in their pockets for doing nothing. Now that's robbery! It is no wonder we don't have to pay for our license stickers anymore - we are already paying for it with the taxes on the escalating gas prices.
Government is definitely having a winfall (as per @Darts statement above) with the escalating gas prices. Government is currently incented to keep gas prices increasing. Its more money in their pockets for doing nothing. Now that's robbery! It is no wonder we don't have to pay for our license stickers anymore - we are already paying for it with the taxes on the escalating gas prices.
"An ad valorem tax is a tax based on the assessed value of an item, such as real estate or personal property. The most common ad valorem taxes are property taxes levied on real estate. However, ad valorem taxes may also extend to a number of tax applications, such as import duty taxes on goods from abroad."
Same with GST on goods and services when prices rise (inflation).
Is there a shortage of oil in the ground? Can the amount of oil barrels a day be controlled to determine the supply. Any other industy it's called price fixing. The US may still have Debeers Diamond exec's from London on the list for breaking US anti-trust laws for controlling the supply and price of Diamonds globally. How us oil different? And as oil is a resource under the ground, why is it allowed to be controlled by so few?
Buy some oil and gas stocks. Safe ones such as CNQ, SU or ENB. The rising dividends will partially pay for the rise in has prices. Plus you should get a nice capital gain. But it may be a bit late in the game now as these prices won't be this high for ever. What goes up must come down eventually.
35% of fuel price is tax. Carbon tax, federal excise tax, pst, hst
At today's price of 2.14$ a liter that's .75 cents per liter of tax.
Carbon tax is only going to increase at the end of this year and every year after.
You voted for Mr. Dressup so stop complaining.
Continue virtue signaling with your dear leader cause you're gonna change the climate lol
Also canada has the 3rd largest oil reserve in the world but blackface has nearly destroyed the oil industry here while purchasing oil from the middle east.
Elect a clown and you have a circus.
Yes it is. But both our federal and provincial governments are still running deficits and, as such, lowering gas taxes doesn't actually get us anywhere beyond a surface level. "Feel good" policies aren't good policies if the net is a loss.
With the sheer amount of tax that is on every litre of gas sold in this country, they effectively already do.
They haven't lifted a finger to help ease gas prices by reducing the taxes, so what makes you think they would do anything to reduce gas prices if they fully controlled it?
100% Correct.
35% of fuel price is tax. Carbon tax, federal excise tax, pst, hst
At today's price of 2.14$ a liter that's .75 cents per liter of tax.
Carbon tax is only going to increase at the end of this year and every year after.
You voted for Mr. Dressup so stop complaining.
Continue virtue signaling with your dear leader cause you're gonna change the climate lol
Also canada has the 3rd largest oil reserve in the world but blackface has nearly destroyed the oil industry here while purchasing oil from the middle east.
Elect a clown and you have a circus.
If you voted for the Drama Teacher then you are getting exactly what you deserve.
