This report offers some reflections on the decision by the Government of Ukraine to implement a tax on household consumption of natural gas. It is argued that law-abiding taxpayers who earn a mid-level salary are mostly disadvantaged by what is referred to as the gas tax since they are obliged to pay the most and allocate the largest share of their income for utilities. The “gas tax” has significantly increased inflation, reduced domestic consumption, reduced profitability of local businesses, reduced the size of the middle class and increased stratification of society, concealed real income and escaladed a shadow economy and enhanced injustice and an outmigration of labour. There is a legitimate case to reconsider the gas tax on these grounds with a view toward making it fairer and less burdensome for the economy and the country's households.