The Taxpayers’ Union is accusing
the Government of taking with one hand while taking credit
for giving with the other regarding changes to fuel excise
taxes and ACC levies introduced today. On the same day ACC
levies reduced by 3c, petrol excise has increased by 3c per
litre, with Road User Charges also increasing by an
equivalent amount. Taxpayers’ Union Executive
Director, Jordan Williams, says:
“Rather than reducing
the tax burden for motorists, the Government has given with
one hand and taken with the other. The Government has
increased fuel excise taxes by as much as they have reduced
ACC levies.”
“The Government has been quick to tout
the reduction in ACC levies as a saving for motorists, yet
putting up fuel excise taxes ensures that motorists will see
no new savings at all.”
“Today’s fuel excise
increase is the third annual 3 cent per litre increase since
1 July 2013, increasing the tax burden on families trying to
make ends
meet.”
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