Re: $4b transport plan to ease petrol heat

["Dave Proctor" <daproc@spambait.ozemail.com.au>]

"Taliesin Walker" <taliesin@chariot.net.au> wrote in message
39eed891.3297715@news.chariot.net.au">news:39eed891.3297715@news.chariot.net.au...
> >I heard the PM on the ABC recently defending the Govts refusal to cut
> >the excise on petrol or even reduce the rate of indexation,and his
> >response was that this revenue is needed to pay pensions.
> >I thought fuel excise was to pay for roads .
>
> Even if all the petrol excise revenue was spent on roads, cutting the
> excise would either mean that we spend less on roads, or cut back in
> other areas of spending.  Howard has a point.

Why? The excise is a percentage of the price of the fuel, the excise could
be capped at a certain level and it would not affect government revenues.

Dave