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Fuels: excise duties increased 7 times since 2011, now risk of VAT sting

The alarm on the increase in excise duties is raised by the CGIA's research office - Compared to 2010, an average family with a petrol-powered small car that travels 15 km a year spends 216 euros more - For a medium-sized diesel which does 25 km, the price increases to 372 euros - The VAT remains unknown: if the increase starts in October, there is a risk of being stinged

Fuels: excise duties increased 7 times since 2011, now risk of VAT sting

From 2011 to today, excise duties on fuel have increased 7 times. To this must be added the increase in VAT, if the adjustment of a point from next October XNUMXst. The alarm comes from the Cgia Research Office, which highlights the serious repercussions for motorists.

Compared to 2010, an average Italian family that travels 15 kilometers a year with a petrol car, thus consuming around 900 liters of fuel, has experienced an increase of 3 euros in the last 216 years.
It's worse for those who own a medium-sized diesel car. Compared to an average annual distance measured by Istat equal to 25 thousand kilometers (1300 liters of diesel), the increase reaches 372 euros. If the VAT increase is confirmed from next October 377st, the burden will rise to XNUMX euros.

“The results that emerged from this elaboration must serve as a warning – the Cgia informs – Approximately 80% of goods in Italy travel by road. If the VAT increase is not blocked, we will almost certainly see a generalized increase in the prices of all the goods that we find on the shelves of shops or supermarkets every day."

We must not forget - adds the association - that from the beginning of the crisis to the end of 2012, the national GDP decreased by 7 percentage points and household spending by 5. This fall of 5 points corresponds, in absolute terms, to a average decrease in spending equal to about 3.700 euros per family. If we do not avoid the adjustment of VAT we run the risk of further penalizing demand, worsening the economic situation of families and that of small businesses and self-employed workers who live almost exclusively on domestic consumption”.

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