Europe has agreed to phase out the use of heat engines by 2035. However, the fuel tax is an important source of revenue for the French state. https://t.co/M17WH4kOC3
— AutoPlus (@AutoPlusMag) July 6, 2022
For several days, French motorists can take advantage of the 30-cent discount offered by the government on fuel. Good news, after a long and very difficult months, thanks to very strong growth, which we owe a lot to war in Ukraine. Indeed, the price of oil then skyrocketed, which directly affected the amounts paid at the pump. Fortunately, a small increase from the state, first by 18 cents and then by 0.30 euros, does a lot of good for drivers, and in particular for professionals. Some did have to cut their trips short and the fuel budget was too high. Fortunately, a small government discount came, which pleased motorists.
Because of the 30-cent discount on fuel, there are shortages at many service stations. https://t.co/SzgziQKxfm
— AutoPlus (@AutoPlusMag) September 5, 2022
Foreigners also win
But French drivers are not the only ones to benefit from this promotion. Indeed, many foreign motorists also drive to our service stations. A find for the latter, especially since German government ended the discount of 30 cents on gasoline and 14 cents on diesel fuel, which led to a sharp increase in prices. However, this situation does not suit everyone. Indeed, a few days ago Loic Hervé, the centrist senator from Haute-Savoie, declared that ” the national budget should not finance the gas station of our Swiss neighbors […] This is money thrown out the window“. But if the state really loses money on these discounts, it is not because of foreigners. Vice versa.
Taxes too
Indeed, as a senior Bercy official tells our colleagues at Le Parisien, “ In any case, if they fill up in France, they pay taxes on every liter […] This is always more money in the state treasury“. However, while VAT revenues are expected to increase by €3 billion in 2022, the cost of rebates will be significantly higher. The state would indeed lose approximately 4 billion euros.
The Casino brand has decided to extend the “fuel work” for the summer holidays, which will reduce the bill for many motorists! https://t.co/SfW74jJthE
— AutoPlus (@AutoPlusMag) July 6, 2022
Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.