Another Antivaxer Convoy In Saskatchewan

[chuckChuck]

No …. But it’s a huge part of inflation that grossly underestimated…… like compounding interest

Wrong again? The US has high inflation as well and no carbon tax.

Trevor Tombe at the U of C calculated the relatively small impact of the carbon tax on inflation.

"For that, we'll go to Trevor Tombe, the University of Calgary economist who's well-versed enough in this matter that he can harness Statistics Canada data to figure out these indirect costs.

According to his calculations, these knock-ons do add to the impact of inflation, but they certainly don't double or triple the blow. In Ontario, the direct and indirect effects inflate prices by 0.207 per cent a year. In Alberta, it's 0.1875 per cent.

In other words, we can rightly blame Trudeau's carbon tax for about one-fifteenth of Ontario's current inflation, or one-sixteenth of Alberta's. "Relatively small," is how Macklem put it.

[newguy]

I like many others don’t like or agree with the Moe tax even remotely, many of us have said so . But the federal carbon tax is a completely different animal out of a cage that you and a handful of others here will never acknowledge.
Simply because you hate your perceived succes of your neighbours , for once be honest with yourself.
But the percentage of non taxpayers in Sask is very high , someone had to pay the bills

Like how many think carbon tax is the cause of inflation but the Moe tax does not.When Moe setsup his tax department he will be aiming for a much bigger grab yet since no one cares about paying him taxes.

[Hamloc]

The whole discussion was the carbon tax caused global inflation.Yet Moe tax has no influence.In the 80s and 90s there was a few disaster payments .Grip was no perfect deal but a person was thrown just enough to keep going.Many years the world had enough grain without Canada selling any.demand was low until ethanol plants started up to use up the glut of grains and boast grain orices.Ethanol never penciled out many years either but grain farmers were hooped without that market.

First off I have never said the carbon tax caused global inflation. I am confused though, are you fore or against a carbon tax?

As for the ethanol industry, that certainly has nothing to do with the Canadian government. That was created out of the need in the USA for a replacement MTBE(gasoline oxygenate) and the desire to be less dependent on imported oil. Certainly did help the grain market.

As for Moe and his tax, as I have said I live in Alberta, my only question would be is what are his other options to replace this revenue? Personally I think Alberta should have a sales tax and put a much higher proportion of resource revenues into savings.

[newguy]

First off I have never said the carbon tax caused global inflation. I am confused though, are you fore or against a carbon tax?

As for the ethanol industry, that certainly has nothing to do with the Canadian government. That was created out of the need in the USA for a replacement MTBE(gasoline oxygenate) and the desire to be less dependent on imported oil. Certainly did help the grain market.

As for Moe and his tax, as I have said I live in Alberta, my only question would be is what are his other options to replace this revenue? Personally I think Alberta should have a sales tax and put a much higher proportion of resource revenues into savings.

Not sure you can be for a tax of any kind .but in the real world they are needed.As far as the carbon tax I am against misinformation that it is Canada's problem in terms of inflation.When the carbon tax started Moe said not now we can not afford it Then a few months later he hit farmers and Sask people with a whole new bunch of pst taxes.He said sin taxes do not work.He put up some of the provincial sin taxes.I expect Moe has his eyes on a sask capital gains tax if he gets elected again.

[WiltonRanch]

Not sure you can be for a tax of any kind .but in the real world they are needed.As far as the carbon tax I am against misinformation that it is Canada's problem in terms of inflation.When the carbon tax started Moe said not now we can not afford it Then a few months later he hit farmers and Sask people with a whole new bunch of pst taxes.He said sin taxes do not work.He put up some of the provincial sin taxes.I expect Moe has his eyes on a sask capital gains tax if he gets elected again.

So are you against carbon tax or not?

[chuckChuck]

That is an odd statement.

Personally, as a citizen of a first world country who appreciates the level of services and security which our taxes provide, I appreciate that we need to pay taxes. If you compare this to other countries or societies without such rule of law and safety nets, I think the taxes we pay are a bargain for what it enables. Doesn't mean there isn't room for improvement on the spending side, but all in all, much better than the anarchy which is the alternative.

But not all taxes are created equally. Some discourage wealth generation and productivity(regressive income taxes, capital gains taxes, wealth taxes) some discourage reckless behaviour or spending which does not contribute to the productive economy( sin taxes, luxury taxes)

I will choose consumption taxes which allow a prudent tax payer/saver/investor to chose to minimize their tax burden and use the savings to invest in the real economy. Don't buy a boat/escalade/gas guzzler/alcohol/cigarettes etc. and you won't pay the taxes on you hard earned money.

We don't get that option with a regressive income tax scheme, where the more we work the more we are punished. No matter how wisely we might want to invest our hard earned income, we are only left with the after tax portion, the same as the most irresponsible spender. Everyone is guilty until proven innocent and the government decides how to invest our tax dollars, not the taxpayers.

CO2 tax is just another consumption tax under the guise of saving the world. Just call it a consumption tax and don't disproportionately target the productive energy consuming businesses, and I will support it over any income tax. I was very disappointed when Stephen Harper lowered the GST to try to buy votes from the economically ignorant.

Consumption taxes are regressive unless you provide exemptions or rebates to low income people other wise they impact lower and middle income people more than the well off.

Income taxes in Canada are considered progressive because low income people pay a smaller proportion of their smaller incomes that hopefully allows them to cover their basic needs. Raising the basic personal exemptions for low income people puts more income in their pocket.

I don't know any people who say they would choose to earn less because of the tax system.

So would you rather personally gross $50,000 per year or $200,000 before taxes?

The carbon tax has had little impact on inflation and because most people receive a rebate with relatively little impact on most households. Energy prices and food prices are a much much bigger cause.

But Crypto says the carbon tax is the only cause of inflation! And some of you believe him? LOL

I can't wait to hear how Crypto is going to cut interest rates and bring down the price of housing and other necessities.

[blackpowder]

Yes it is a consumption tax. Going to general revenue.
But I believe a raising of the GST with rebates for income. Would have been much more fair to everyone. Especially the poor. Of which, you aren't, so you should ask someone.
It's a sin tax on basic needs. I see no one in govt short on same.
The GST has a refund system for business. The carbon sin tax gets passed along as it grows with each handoff transaction.
Farmers either pay less of it or raise prices if they're SM. In town, a bungalow's monthly avg for energy went up $200. A month. Our personal rebate is $200/quarter.
BTW, how much carbon tax applied to a Chinese tire?? I thought so. GST?
Only a Canadian tax on Canadian production and living. Paid mostly by those who have less to live on.

[TOM4CWB]

Wrong again? The US has high inflation as well and no carbon tax.

Trevor Tombe at the U of C calculated the relatively small impact of the carbon tax on inflation.

"For that, we'll go to Trevor Tombe, the University of Calgary economist who's well-versed enough in this matter that he can harness Statistics Canada data to figure out these indirect costs.

According to his calculations, these knock-ons do add to the impact of inflation, but they certainly don't double or triple the blow. In Ontario, the direct and indirect effects inflate prices by 0.207 per cent a year. In Alberta, it's 0.1875 per cent.

In other words, we can rightly blame Trudeau's carbon tax for about one-fifteenth of Ontario's current inflation, or one-sixteenth of Alberta's. "Relatively small," is how Macklem put it.

CC…. The $Trillions being spent in the USA on the “New Green Deal”… are a carbon tax …clear and simple. That they choose to borrow it from the future of their children… is another discussion … yet in typical Canadian arrogance… we choose to do both!

Blessings and Prayers

[chuckChuck]

CC…. The $Trillions being spent in the USA on the “New Green Deal”… are a carbon tax …clear and simple. That they choose to borrow it from the future of their children… is another discussion … yet in typical Canadian arrogance… we choose to do both!

Blessings and Prayers

Nice try there oh holy one!

Then logically all the billions of subsidies to the oil industry are also a tax on future generations? LOL

Except the bill for human caused climate change will be many times the cost of transition to a low carbon emissions economy.

So you are willing to burden future generations with human caused climate change so that you can keep polluting now?

Tom your chance of making it past the pearly gates is looking slim to not going to happen! LOL