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Reply #8: 75% of the gas price in France is tax [View All]

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tocqueville Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-05 08:33 AM
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8. 75% of the gas price in France is tax
about 50% goes to road maintenance and infrastructure
25% is VAT which goes in the common tax pot.

The French government has lately threatened the oil industry with taxation on their profits if they didn't sank their prices. This resulted in a 10c decrease.

The extra money cashed in (the higher the price is, the more the tax increases) is supposed to go back this winter to elderly depending on fuel for heating, in form of an allowance.
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