MOTORISTS are being milked to help the Government get its Budget to surplus, according to an analysis of petrol excise revenue.
Drivers taxed almost 40 cents on a litre of fuel will get less than nine cents back in the form of spending on roads next financial year, according to calculations by the national motorists' umbrella group.
The rest of the tax revenue - worth close to $10 billion - will go towards helping the Government reach the $1.5 billion surplus it has promised for 2012-13.
The Australian Automobile Association has told the Government it is concerned that funding for road building and improvements will be cut by 38 per cent, or more than $2.6 billion in the coming Budget year
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I always leave my camping area cleaner than I found it.
This has been the status quo for every government for at least the past 25 years. RACV/NRMA etc have been highlighting almost annually that less than 10% of revenue raised on 'petrol tax' ever sees road improvement/construction.
Cheers
John
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2006 Discovery 3 TDV6 SE Auto - 2008 23ft Golden Eagle Hunter Some people feel the rain - the others just get wet - Bob Dylan
I think the "argument" (discussion?) is simply that very little of the tax revenue extracted over the decades by the Govt of the day from the consumption of petrol is applied to the benefit of the road user.
Cheers
John
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2006 Discovery 3 TDV6 SE Auto - 2008 23ft Golden Eagle Hunter Some people feel the rain - the others just get wet - Bob Dylan
Go overseas and see what the price of petrol is there and you will be very happy that you are in AUS
Yes good point Dunco, although a few years ago a younger jack lived and worked in one particular country and fuel was very very cheap....of course jack had a V8 to help compensate those cheaper prices.
These days with dearer fuel prices, Jack still has a V8 .
When I depart this wonderful world I want to make sure I've left the biggest carbon footprint for others to remember me by
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