How much taxes do I pay for gasoline consumption? As a Toronto resident I thought I'd write a post on just how much we pay in taxes at the pumps.
Excise tax - 10 cents per litre
Provincial fuel tax: 9 cents/litre
Carbon tax - 17.6 cents/litre
Hst on total - 13%
If you paid $1.62 in gasoline today, you paid 18.6 cents in Hst. Don't forget that you are paying Hst on top of taxes to arrive at this number. A tax on tax.
Another 17.6 cents in carbon tax as of April 1st
Another 9 cents in provincial fuel tax.
Another 10 cents in excise tax to the government.
In total you paid 55.2 cents/litre on pure BS.