Carbon Tax Rebate

[jazz]

Chuck, thanks for the $372 tax refund. Sure makes that 8% inflation easier to handle. Did you get back more than you paid in.

Look at these low information dipshits letting scumbag Trudeau into their back yard to tell them all about it. There are some true morons in this country.

[chuckChuck]

The Climate Action Incentive payment will be paid in quarterly instalments for the first time this year. In previous years, the payment was delivered as a component of tax returns.

Here's how much a family of four will receive in total this year:

$1,079 in Alberta.
$1,101 in Saskatchewan.
$832 in Manitoba.
$745 in Ontario.

Residents of small and rural communities will receive an extra 10 per cent on top of those amounts.

[chuckChuck]

If the relatively small carbon tax is really bad for the economy then the current market price for oil and gas must be even more terrible don't you think?

By all accounts the economy should be completely dead and on life support because of high oil.

Because the 11 cents a litre carbon tax is relatively small compared to the current prices for gas and diesel and the profit margin the oil industry is much much larger than 11 cents per litre.

But these little details are hardly ever acknowledged.

[Hamloc]

The Climate Action Incentive payment will be paid in quarterly instalments for the first time this year. In previous years, the payment was delivered as a component of tax returns.

Here's how much a family of four will receive in total this year:

$1,079 in Alberta.
$1,101 in Saskatchewan.
$832 in Manitoba.
$745 in Ontario.

Residents of small and rural communities will receive an extra 10 per cent on top of those amounts.

What is really funny is that the credit on the tax return wasn’t visible enough, it wasn’t having its desired effect. It wasn’t buying any votes. Now Justin Trudeau is pretending these payments will help Canadian’s cope with inflation. He forgets to mention you have already payed more in carbon tax than you get back, typical Liberal math!

[Hamloc]

If the relatively small carbon tax is really bad for the economy then the current market price for oil and gas must be even more terrible don't you think?

By all accounts the economy should be completely dead and on life support because of high oil.

Because the 11 cents a litre carbon tax is relatively small compared to the current prices for gas and diesel and the profit margin the oil industry is much much larger than 11 cents per litre.

But these little details are hardly ever acknowledged.

Let’s look at this another way Chuck2. The price of gasoline is roughly 90 cents a litre higher than last year. The consumption of gasoline has not declined. How is an 11 cent carbon tax going to change consumption habits? Especially one that the Prime Minister claims he fully rebates back to 80% of Canadians?

[fjlip]

Smoke and mirrors shell game, only the DUMBEST lefties can't see that!

[Guest]

Carbon tax plus GST for you slow fuks

[helmach]

[chuckChuck]

Bottom line, the price of energy and other commodities are much higher primarily because of the market forces of supply and demand and geopolitical disruptions.

The carbon tax in Canada is only adding a relatively small amount to the higher prices. Case in point US consumers are also being hit with high energy prices with no carbon tax. Their core inflation rate is higher than Canada.

A lot of the carbon tax is being rebated back to average consumers. Oil and gas companies are not rebating their excess profits back to consumers.

High energy prices because of supply and demand definitely affect consumer demand and will contribute to the coming economic slow down and recession.

[Hamloc]

Bottom line, the price of energy and other commodities are much higher primarily because of the market forces of supply and demand and geopolitical disruptions.

The carbon tax in Canada is only adding a relatively small amount to the higher prices. Case in point US consumers are also being hit with high energy prices with no carbon tax. Their core inflation rate is higher than Canada.

A lot of the carbon tax is being rebated back to average consumers. Oil and gas companies are not rebating their excess profits back to consumers.

High energy prices because of supply and demand definitely affect consumer demand and will contribute to the coming economic slow down and recession.

Last weekend we had a family function in Salmon Arm BC. I was sitting around visiting with my sister in law. It was kind of funny she brought up the drive out. For her she lives in Red Deer it was just under 650 km. We got to discussing gas prices. She drives a Mazda CX-3. I was fairly impressed she said she filled once on the way and cost her $50. Her daughter and son in law drive a plug in Kia Niro Ev. They had to stop twice to charge and it cost them $42. What was interesting was my sister in law had more left in her gas tank by percentage than they did as percentage of charge in their battery when they arrived and it took then 2 hours longer to get there due to charging time to save $8 dollars. This is an actual example not some Liberal fantasy espoused by Stephen Guilbeault!! Lol.

So Chuck2 if your talking actual cost of travel, yes the plug in electric is a little cheaper but what is your time worth? And I have to admit at today’s gas prices I thought the electric car would save more money!