France: Finally Petrol Taxes To Be Lowered
<table cellspacing="0" align="left" border="0" width="110" cellpadding="5"><tr><td><div class="Pict"><img src="http://photos.imageevent.com/motorbiker/newspics4/Motorcycle-Tanking-Petrol.jpg" width="100" height="67" title="Motorcycle Tanking Petrol" alt="Motorcycle Tanking Petrol" style="border:1px solid white;"></div></td></tr></table><table cellspacing="0" align="right" border="0" width="100" cellpadding="5"><tr><td><img src="http://photos.imageevent.com/motorbiker/flags/fr-flag.gif" width="97" height="65" title="France flag" alt="France flag" border="0"></a></td></tr></table>For years now, in fact since 1928, France has had a steep tax on petrol. Abbreviated to TIPP, the tax was a percentage of the gross petrol price at the pump. The higher the gas price, the more the government made. Apart from the TIPP tax, they also get 19.6% VAT (Value Added Tax, i.e. a sales tax). The petrol tax is rated differently per product; 60% for unleaded and 52% for diesel. This means that per liter, the government gets around 70%!
Despite the economic crisis, or more because of it, the French government never lowered the tax. Many people were not able to drive their car, or worse, ride their motorcycle, because of very high petrol prices. Many associations and lobby groups have been calling upon the government to lower the taxes when the petrol barrel price goes up. So far, nothing..... until today.......
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http://news.motorbiker.org/blogs.nsf/dx/france-finally-petrol-taxes-to-be-lowered.htm