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echo: barktopus
to: Mark
from: Phil Payne
date: 2006-04-30 09:05:38
subject: Re: Record fuel prices in the UK

From: "Phil Payne" 

> Well, Phil estimated 80% of that was taxes, so they're really only paying
> about a buck and a half a gallon -- our equivalent without our fed/state
> taxes would be about $2.40, so they're doing okay.

You still have to pay it.  If you're driving for a registered business,
under some circumstances you can reclaim the VAT component.  VAT is
currently 17.5%.

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