Less than a week after the House of Representatives pushed through the (politically) controversial Anti-Terrorism Funding Bill, the government is gearing up for the next big item: a 10-year extension of the Provisional High Tax Rate on gasoline.
Currently, the provisional high tax rate is 48.6 Yen per litre, whereas the rate under the existing Gasoline Tax Law is 24.3 Yen. The rate was doubled in 1993 to secure more funding for road construction and maintenance. Considering the number of potholes and child-sized cracks in the roads between Gifu City and Nagoya, I’d say this is tax money not-well spent. But I digress.
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Currently, the provisional high tax rate is 48.6 Yen per litre, whereas the rate under the existing Gasoline Tax Law is 24.3 Yen. The rate was doubled in 1993 to secure more funding for road construction and maintenance. Considering the number of potholes and child-sized cracks in the roads between Gifu City and Nagoya, I’d say this is tax money not-well spent. But I digress.
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