“It has come to my attention that the Revenue Department has a plan to equalise the excise duty on petrol and diesel,” said Michael Healy Rae, TD as the country is convulsed with talk of taxation and how it’s applied – or not applied here.
“At present the excise would amount to 0.50c on a litre of diesel and 0.61c on a litre of petrol at today’s rates of approximately 0.11c in the difference.
“If this is the plan it would be obvious that they would not bring down the price of petrol but they would rather put up the price of diesel,” said the deputy.
Enormous Burden on People
“This would place an enormous burden on people using diesel, dramatically increase the cost of living and would have an extremely negative impact on our country.
“I am raising this matter this matter in Dáil Éireann with the Minister for Finance Michael Noonan, I believe that any proposal even over a 3/4 year period to equalise the duty rates would have to be resisted strongly by all politicians,” said Deputy Healy Rae.
National average petrol prices for August were at €1.58.1 cent per litre while the diesel average was at €1.48.9 cent per litre.
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