Mad Mike
Well-known member
OK, lets use your 48.5c/l for fuel tax, all in.Federally it's 10%, provincially it's 14.7%
So simple math since we know the provincial collections...
$807 million * (10%/14.7%) = $549 billion Federal Fuel taxes
($807 + $549)*1.13 = $1.532 billion
I still don't see your quoted $7 billion in taxes.
Edit ... To break it down even including the carbon taxes and all other portions of tax on gasoline....
48.5 cents per liter is all taxes. Provincial is 14.7 again...
$807 * (48.5/14.7) = $2.66 billion
Still not getting to your make believe number of $7 billion in fuel related taxes... I wonder why. Oh right it's complete ********.
Let alone the fact you still don't understand municipalities pay for their own roads, and they collect revenues from property taxes. The transfers down from fuel taxes and other revenues amount to less then 10% of the cost of roads for municipalities.
Here's the raw sales data from the feds on Taxable fuel sales in Ontario for 2019.
Sales of fuel used for road motor vehicles, annual
Sales of fuel used for road motor vehicles (net and gross gasoline sales and net diesel sales).
www150.statcan.gc.ca
Litres x 1000 | |
---|---|
Ontario (map) | |
Type of fuel sales | 2019 |
Net sales of gasoline3 | 16,842,931 |
Gross sales of gasoline4 | 17,171,743 |
Net sales of diesel oil3 | 5,569,736 |
Net sales of liquefied petroleum gas3 | 57,356 |
Multiply that by the taxes collected per litre and you're at $8B. Again, it doesn't matter to which level of gov't you pay the taxes to in a general revenue system. At the end of the day you have the road taxes collected and the funds used to pay for roads -- put them on a balance and you'll see tax and fees cover expenditure.