Dáil debates
Wednesday, 18 April 2012
Fiscal Policy
3:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
I wish to bring up a related point and broaden the issue to ordinary consumers and motorists. The price at the pumps has reached a crippling level of approximately €1.70 per litre of petrol. Since VAT is the last element to be added to the price - it is applied to the excise-inclusive price of diesel and petrol - it is yielding a windfall for the Exchequer. Does the Minister have any plans to examine the issue and give some relief to motorists who are dealing with exorbitant fuel prices at present?
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