Politics · Germany · 2 days ago

Germany’s fuel tax cut has lowered pump prices, but not by the full amount

Germany’s fuel tax cut has lowered pump prices, but not by the full amount

Germany cut fuel taxes to make petrol and diesel cheaper for drivers.

Prices fell, but by less than the full tax cut because lower prices encouraged people to buy more fuel.

The discount has also led to more people filling up, according to one station owner.

Experts say cheaper fuel benefits frequent drivers most and can weaken the incentive to use less fuel or switch to electric cars.

Sources

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