Quote:
Originally Posted by kwoldtimer
I would so forgive the Ontario government right now if they introduced a five cent per litre tax on gasoline to be used to pay down debt or deficit. Maybe with a promise to eliminate the tax if oil prices rise above $80 per barrel.
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According to Statscan, 16,410,257,000 litres of Gasoline were purchased in Ontario last year. at 5 cents/litre, that comes out to $820,512,850. Nothing to sneeze at, but also not going to put much of a dent in our $288 billion debt. Might be better to just let the consumers ride out the benefits.