ACT party leader David Seymour. Photo / Mark MitchellLabour is breaking its promise to not introduce new taxes by slapping new taxes on tradies, farmers and large families, ACT Leader David Seymour says. The "feebate" scheme ignored the fact that vehicles were already taxed and subsidised through the Emissions Trading Scheme (ETS), Seymour said in a statement. "Motorists pay 77.3c a litre in petrol taxes, plus an ETS tax of 9c a litre. GST is charged on top, taking total tax to around 99.3c a litre (and 110.8c in Auckland).

Source: New Zealand Herald June 14, 2021 01:49 UTC