It is talked about every time when the price of gasoline rises: however, it is unlikely that fuel costs will decrease. Here because.
When it comes to gasoline and its price like this high, the argument always ends up on excise duties, which are precisely the taxes that are paid on fuel. In particular, these days, due to the enormous increase in the price of gasoline and diesel due to the war in Ukraine, the topic of excise duties has returned to make citizens and politicians discuss. So, a few days ago the League in Senate asked for a measure: through a motion, the leaguers hypothesized the suspension of excise duties on petrol until they return to the prices of the 2019, before the start of the pandemic, when the price was much lower and more affordable for everyone.
How does the cost of gasoline
There are three elements that affect the price of gasoline. The first is due to those who sell the fuel, and therefore the cost of the raw material, then the profit that the owner of the pump must have and, obviously, also the expense of the hauliers.
There is a second factor VAT, the tax on value added. Finally, the third criterion is precisely the excise duty. Technically, it is an indirect tax, which affects some goods, such as energy electric e i tobaccos, when the same product is consumed or produced.
Where does the excise money go
At the moment the war in Ethiopia, the reconstruction after the flood of Florence, the UN missions in Lebanon and Bosnia and the immigration management after the Libyan crisis of 2011 are paid and continue to finance. therefore they continue to finance the war in Ethiopia, the reconstruction after the flood in Florence, the UN missions in Lebanon and Bosnia and the management of immigrants after the Libyan crisis of 2011. February 28 and March 6, the liter of gasoline cost 1.95 an average. With a subdivision, it is possible to calculate that 0.87 refer to the net price, 0.35 are VAT, while 0.73 in excise duty. Translated and simplified again: beyond the 50 percent what we pay for gasoline ends up in VAT and taxes. Change something when it comes to diesel. Always parameterizing for a liter, about 0.62 are for excise duty, 0.33 are for VAT: therefore, 88 percent reflects the values of the net piece. By comparing the data and prices of Italy with the rest of the European countries, it is possible to verify that our costs are among the highest as regards indirect taxes.
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