bbking said:
The tax is suppose to be revenue neutral, in that excess funds raised from large polluters will go back as tax cuts to people.
It is kind of pointless to discuss until we see the details. Personally I'm somewhat against any tax and prefer a cap and trade system ... however like I said the devil will be in the details and will just have to wait.
bbk
There are certain basic fundementals that we have to agree work in both principle and in the mechanics. For instance which system, if any, do you think works , why does it work, and can you prove that it works.
I think there are systems that are unabtrusive such as BC and Quebec but we are a long way for determining whether they have any effect on emmissions.
We already effectively have a carbon tax on many items such as gasoline. Everytime the price of gas goes up Harper and McSquint rub their collective hands in glee as they count the revenues increasing. The taxes are mainly % taxes and not a flat rate per litre. This simple occurence alone may keep both these governments out of a current year deficit.
Tax revenues have increased significantly over the last year and yet
consumption has not declined. There is little to support additional carbon taxes being effective unless you increase taxes by a shock factor of say 20% ? 30% ? 50% ? What does that do to the economy ?
I think we need to look more closely at Japan. They are the only significant, stable country that has reduced their consumption of oil in the last 5 years.
An internal ( within Canada) cap and trade is, I agree dependent on the details as invariably someone gets
lucky and starts from a surplus position. If no one starts with a surplus then the trading portion is a bit of a moot point is it not.
I have a feeling that, for better or worse, this is going to be either the defining moment in his success or the final nail in Mr Dion's coffin. The silence is deafening, in terms of the sound of support, from within his party so far.