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Originally Posted by wespidel
I just heard on talk radio that Dexter`s govt. will receive 32 million dollars more in gas revenue based on high gas prices and their tax on tax gas grab.
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Not this partisan political stuff again, please. The Government of Nova Scotia collects the taxes, not 'The Dexter Government', or 'Dexter's government' (oy... shades of the current federal communications policy) or whatever you want to call it. Darryl Dexter is not swimming in piles of tax money that he's personally collected from everyone a la Scrooge McDuck. Beyond that, trying to pin down the current government for taxes implemented by previous governments (minus the 2% HST hike) is silly.
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Lacey was on and confirmed this number which will probably be larger and that currently on 62 dollars worth of gas, Dexter`s govt. takes 24 dollars in gas tax revenue. This is insane and the Dexter`s govt does not give the city of Halifax not even a percentage of their gas revenue.
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First of all, your numbers are a bit suspect. Assuming today's Halifax fuel prices of $1.258/L, that works out to about 49.3 litres of fuel. The provincial flat tax on fuel is $0.155/L, and the Federal flat tax is $0.1/L.
So: 49.3 x $.155 = $7.65 (rounding up to the nearest cent) toward the provincial flat tax.
HST is a combination of GST (5%) and PST (10%), so not all of it goes to the provincial government.
So: $62 x 10% = $6.20 going to the province.
So: $7.65 + 6.20 = $13.85 on a $62 gas purchase going to the provincial government, not $24. A further $8.03 of that $62 goes to the feds. So the total going to taxes is about $21.88, but only a little over half (2/3rds to be completely fair) of that goes to the province. $22 is closer to the 24 you quoted, but again, only part of that goes to the province.
Now, having taxes charged on taxes is stupid and unfair, but that's not the argument you're presenting here, nor would it be a topic for this section of the forum, but...
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Well, NS`s NDP govt. if you happen to read this post, I believe and I`m sure the majority of people believe as well, it`s time to give that money back to the people and support the stadium project. Give back the 32 million which will be your contribution towards our stadium because we paid for it, so Halifax our city, can build a major stadium at least 10 years or more overdue !
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While I want to see a proper stadium built, and I think it's important for the city and the province, demanding the provincial government give back money that it doesn't technically have (deficit to fight, and a huge debt to pay down) is silly. Asking them to spend on infrastructure is fine and good, it does need to be justified, and not cookie cutter like demanding the 'extra' money be given to project A, B, or C.