Re: Is the LPG excise purely to repay the LPG-rebate?
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Good discussion going. I won't go into any points here, but the one flaw which I currently see with this system is as below.
If they are taxing LPG and claiming that they need to repay themselves for all of the rebates they have out, then that is very wrong. At some point, when the tax is at it's maximum of 12.5c/L there will come a time where the debt to the Government for the LPG rebates they gave out will have been paid back in full.
At that point, what will happen? If we have paid the debt back in full, we're still going to be paying the 12.5c/L tax indefinitely, which in the end just turns into a whole lot of extra money for the Government for the wrong reason - because the reason was to repay the initial debt of the LPG rebates, but after that point the tax should be dropped (which I doubt it will).
Thoughts?
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