Wednesday, June 18, 2008

Of fuel price and related items

So petrol price has been increased to RM2.70 per liter.

Is it fair? Depends. Not in the current situation. Actually I don't mind paying market rate for petrol. The problem is that I don't pay market rate for cars, the tax is too high and the road tax is just plain illogical.

If I have my way, I'd go with a token amount of tax for cars, maybe 10% of the selling price. Road tax should be abolished and replaced by fuel tax. Our current road tax is not fair because it is based on engine capacity. I'd say it better be based on fuel consumption. So those who use more petrol should pay more, not those who happens to have a "big" capacity engine. A fuel guzzler should pay more, not subsidized more. Those who owns big capacity-engined cars are not necessarily rich and those driving cars below 2000 cc are not necessarily of lower income. Compare between a 10 years old Camry or Accord against Mercedes-Benz C200K or BMW 318i.

Of similar note, the RM625 rebate given by the government for cars below 2000 cc (or 2500 cc for pickups) is one of the most unfair and stupid decision made by the current government recently. Again, poor people drive a MB C200K, rich men drive a Camry 2.2?

Somebody must be sleeping.....

1 comment:

Anonymous said...

i KnOw him!!
he's sleeping with eyes wide open..
sometimes eyes shut too in public eyes..