I understand perfectly what a regressive tax does to families, it’s delusional leftist who don’t understand. This is a regressive tax and will hurt lower income families, those who live in rural areas because of their increased reliance on fossil fuel. Not everybody in Canada live in close proximity to a TTC subway, street car or a Starbuck. Give your head a shake and look beyond your own nose.
Trudeau to unveil carbon tax plan Tuesday for provinces that don't comply
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I understand perfectly what a regressive tax does to families, it’s delusional leftist who don’t understand. This is a regressive tax and will hurt lower income families, those who live in rural areas because of their increased reliance on fossil fuel. Not everybody in Canada live in close proximity to a TTC subway, street car or a Starbuck. Give your head a shake and look beyond your own nose.
Its not regressive, it will cost polluters more than non-polluters.
If you're a renter taking ttc it won't cost you more.
If you drive a suv and have a 300 sq ft house you'll pay more.
I agree regressive taxes are a big problem, like Mulroney's GST now HST.
How will he be funding his largess if all the money is returned via tax credit? If you drive a range rover and have a big house you won't get your money back. Why should the rest of us have to live with the collateral effects of your carbon emissions? It may not change your behavior but other companies that pay the tax may decide to find ways to reduce their energy inputs and carbon emissions. I asked what ideas you had to accomplish he same goal, and its pretty DAMN clear...you have none. You just want to go on driving a big car and spewing stuff into the air. Fine, just pay the $ then.
Are you going to have the increased HST portion refunded? Not a fucking chance, and not everybody lives in Toronto! Do your math, this will cost people thousands and do nothing to fight climate change. PM says he’ll rebate 90% of what the government takes in. That leaves 10% to pay for administrative and civil service wages...... So where’s the money to fight climate change coming from if he’s giving all back to us? Truth is he either lies about it or has no fucking clue what he’s talking about. I go with A, he’s lying!!
The Nobel Prize was just handed out to an economist who showed that carbon taxes are by far the best way forward.
Unless you're claiming you are smarter then the Nobel winner, I think you're wrong on this issue.
I know a pile of shit when I smell it! Again, if he’s giving back 90% of 2 Billion dollars, he’s left with 200 million. Environmental Barbie just promised “1.5 Billion in relief” for affected industries. So how exactly is Trudeau fighting climate change? His numbers don’t add up, either he’s lying about how much this will cost Canadians or he has no clue, or both? And all you keep believing that idiot.
Maybe they will give you a Nobel Price for "pile of shit smelling"? How do you feel about your Conservative idol Mulroneys GST grab? The 1.5B in relief will probably come from accelerated depreciation for capital investments made to reduce emissions and improve energy efficiency.
Bet you had to dig deep in the yogurt cup for that one, just remember it was a liberal PM who vowed to kill the GST and then kept it. Why not admit that this will be a massive tax grab that won’t reduce GHG and isnt anywhere close to revenue neutral.
Again, another liberal ass reaming brought to you by Gerald Butts. Small and medium-sized businesses will pay the carbon price on their energy input costs — $20 a tonne in 2019, rising by $10 a year until it hits $50 a tonne in 2022. Big industrial emitters are exempt from paying it on the energy they consume. Instead the government has set an emissions cap, based on 80 to 90 per cent of the average emissions in a specific industrial sector. Big companies will pay the tax only on their emissions above that cap. So how is this going to combat climate change other than making it more expensive to heat your home.
Perhaps you should be awarded a Nobel Prize in economics. People on fixed or lower incomes will be hit harder because they’ll spend more of their disposable income on energy and everything else that they eat wear or own. And having to wait until tax time to receive a token tax credit is pretty cynical. As I’ve said, Trudeau’s carbon tax is a fiscal policy, not an environmental one.
Climate change costs us an extra $1 billion in damages from extreme weather events already.
Spending an extra $200 to do something about it makes total sense.
Why do you think polluting should be free?
You keep repeating the same talking points. Canada accounts for 1.6% of GHG, our forests absorb that amount and then some. We already pay carbon taxes every time you fill your car and heat your home. This is just a gutless tax grab by a PM who doesn’t have the stones to call a tax a tax and hides behind catch phrases like “price on carbon” or “ cost of polluting” this another “ revenue tool” where Trudeau is the tool.
The polluters have to pay for compromising the Health and Well Being of the Canadians. So this is a very smart move that the right wingers try to twist:
Canada passed a carbon tax that will give most Canadians more money
By rebating the revenue to households, disposable income rises, which can be a boon for the Canadian economy:
Last week, Prime Minister Justin Trudeau announced that under the Greenhouse Gas Pollution Pricing Act, Canada will implement a revenue-neutral carbon tax starting in 2019, fulfilling a campaign pledge he made in 2015.
https://www.theguardian.com/environ...-tax-that-will-give-most-canadians-more-money
It was an election pledge that Canadians voted for and it is another promise kept. The right wingers can scream as much as they want, but if it puts more money in the Canadian pockets, then so be it!!
Canada passed a carbon tax that will give most Canadians more money
By rebating the revenue to households, disposable income rises, which can be a boon for the Canadian economy:
Last week, Prime Minister Justin Trudeau announced that under the Greenhouse Gas Pollution Pricing Act, Canada will implement a revenue-neutral carbon tax starting in 2019, fulfilling a campaign pledge he made in 2015.
https://www.theguardian.com/environ...-tax-that-will-give-most-canadians-more-money
It was an election pledge that Canadians voted for and it is another promise kept. The right wingers can scream as much as they want, but if it puts more money in the Canadian pockets, then so be it!!
Canada is the 9th largest emitter of CO2.
CO2 is now at 410 ppm and still rising.
Why do you think companies should be able to pollute for free?
Large industrial emitters are partially exempt and even Scheer approved of this. The range is 80-90% exempt and they are in catagories where they have to compete internationally against companies not facing the same burden. They account for less then 5% of Canadas GHG emissions, so you really either don't understand the full picture or are lying..what is it? People with low or fixed incomes will NOT be high harder, because A) they tend to consume less, and B) they will get the same rebate as you even though they drive a Yaris and live in a small condo. If you are wealthy enough to not worry about it, then keep driving a large vehicle, paying for the gas and the tax, the choice is yours, but the idea is to increase the incentive to people and businesses to reduce their carbon foot print. As for the total revenue neutrality, we will see when the reports come in. The windfall from GST may very well be directed to assist SMBs with this transition.
So basically you want to say get rid of all the pick up trucks? Great. I'm sure all the contractors in the city can transport materials in a Prius.......
These rebates are Trudeau is offering are bunk! All you are getting is tax credit that lowers you taxable income by several hundred dollars. It’s like buying 600$ of RRSP, it’s not going to do much in terms of putting money back in your pocket. Secondly, people in the lowest tax bracket will see even less benefit because they pay so little federal tax that the rebate will be insignificant when it’s all said and done. So who pays the tax? the middle class will shoulder the massive tax burden.
In Ontario, someone earning $40,000 will receive a $300 rebate (lowering of their taxable income) on their taxes, that will amount to $60, the other $240 stays in Trudeau’s pocket.
Earn 90,000, your benefit will be $114.00
If you earn $200000, your benefit will amount to $144
Earn $29,000 your benefit will be $60.00
This rebate is just a dog and pony show, it’s a scam. People hear a rebate on your taxes and they think they are getting the full amount back. In reality all people are getting is a token reduction in taxable income, this is orders of magnitude away from being revenue neutral, it’s a massive tax grab similar to the Ontario employer health tax which was also brought to you by the one and only Gerald Butts.
You clearly have no idea how taxes work. A 300 tax credit means 300 reduction in taxes. Its not a deduction its a credit
I’m sure that’s how they’ll do it to give you as much back as you paid. All they’ll do is reduce your taxable income by whatever they think you paid.
If we’ve learned anything from history, it’s that once government takes your money you are not getting it back. So you and other day dreamers can stop holding your breath for any sort of tax relief. Why can’t you and other liberal acolytes admit that this is a cynical tax grab.
Trudeau admitted on the Quebec talk show, Tout Le Monde En Parle last Sunday, as reported by Huffington Post: “even if Canada stopped everything tomorrow, and the other countries didn’t have any solutions, it wouldn’t make a big difference.”
