Business Services Industry
Gasoline taxes as environmental policy - time for a common Canada-U.S. approach.
Australasian Business Intelligence, November, 2005
Byline: Geoffery S Turner
Nov 02, 2005 (Tax Notes International - ABIX via COMTEX) -- Petrol prices in the US and Canada look set to hit record levels during the 2005 North American summer. However, prices in those
two countries in those two countries are likely to remain lower than those in other OECD nations, due to the lower petrol taxes in those two countries. There are a number of valid arguments to suggest that low petrol taxes in the US and Canada have encouraged motorists in those two countries to drive
cars that use excessive amounts of petrol, and that lifting them to a point where they are more comparable to taxes in other OECD nations would...
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