Sask Carbon Tax

[chuckChuck]

That amount also includes hidden provincial carbon tax revenues in Saskatchewan and Alberta and other provinces which both have a carbon tax on large emitters.

But where is the amount that is returned to Consumers? You show the revenue side but you don't see the rebate side! Did you forget about the rebates again?

More Conservative math? Show the total taxes collected but not the rebates? LOL

[cropgrower]

Liberal/ ndp hid the numbers on how much they keep , why was that ?

[chuckChuck]

Well apparently they aren't hiding how much they keep from the the Parliamentary Budget Officer.

But don't let facts get in way of your opinions Crop!

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According to the Parliamentary Budget Officer,the federal government will raise $11.8-billionfrom the carbon levy this fiscal year. Some of the money is going to green initiatives, but roughly 90 per cent of what’s collected in each of the eight covered provinces (Quebec and British Columbia run their own systems) goes directly back to the residents of that province. You pay based on carbon consumption; you get rebated based on family size.

[shtferbrains]

So by your numbers 90% is returned?
LPC says "most" get back more than they contributed.
How many do you know personally that get back more?
Sounds like your basic LPC vote buying wealth transfer.

[chuckChuck]

So the Parlimentary budget officer is wrong?

[shtferbrains]

Who gets more than they contributed?
Not me for sure.

You?

Are you recieiving "green incentives" ?

[AlbertaFarmer5]

Who gets more than they contributed?
Not me for sure.

You?

Are you recieiving "green incentives" ?

Remember that time that Chuck pretended to be a capitalist farmer?

It is apparent that he doesn't even associate with any capitalist business people.

Chuck, if you think that everyone is getting more free bribes back from the government and what they are paying in CO2 tax, may I suggest that you ask any business person how much they get back compared to what they are paying.

[chuckChuck]

So the parlimentary budget officer is wrong?

"According to the Parliamentary Budget Officer,the federal government will raise $11.8-billionfrom the carbon levy this fiscal year. Some of the money is going to green initiatives, but roughly 90 per cent of what’s collected in each of the eight covered provinces (Quebec and British Columbia run their own systems) goes directly back to the residents of that province. You pay based on carbon consumption; you get rebated based on family size."

[Hamloc]

So the parlimentary budget officer is wrong?

"According to the Parliamentary Budget Officer,the federal government will raise $11.8-billionfrom the carbon levy this fiscal year. Some of the money is going to green initiatives, but roughly 90 per cent of what’s collected in each of the eight covered provinces (Quebec and British Columbia run their own systems) goes directly back to the residents of that province. You pay based on carbon consumption; you get rebated based on family size."

What percentage of that $11.8 billion in carbon tax is payed by small business? The trucker hauling my grain pays just under $1000 a month of carbon tax based on 8500 km per month. He gets the rebate as you point out based on family size not consumption. This is transferring money to buy votes, that is the reality. Small business is subsidizing this scheme! Trudeau can’t go soon enough!!!

[jazz]

The PBO already knows we are shaving $30B off our GDP chuck. Are you into the safe supply again?

[AlbertaFarmer5]

Yes, but the most important thing is that by destroying the economy, the CO2 tax made us all equally poorer. It's the Marxist way, right chuck?

[chuckChuck]

The inflationary effect of the carbon tax direct and indirect impact on inflation is well less than 1%. So hardly destroying the economy. So says the parlimentary budget officer.

And the estimate $25 billion cost to the economy in 2030 is compared to doing nothing which is not accurate if you are going to subsidize technology and use regulations like PP has talked about. Those have costs as well. But no comparison?

If higher energy prices are destroying the economy then any run up in the market price and excess profits that are paid the oil industry must also be destroying the economy?

Because unlike excess profits 90% of the carbon tax is returned to consumers to spend in the economy.

Alberta and Saskatchewan also have a hidden carbon tax so it must be also destroying the economy?

Small businesses are also getting some rebates now.

You guys got to stop believing PP who said crypto would solve inflation because he also wrongly says the carbon tax is causing all the inflation.

Except inflation is a problem in countries with no carbon tax.

So don't be sucked in to PP's bullshit.

[AlbertaFarmer5]

Can you define excess profits?
Did farmers have excess profits during 2022?

[chuckChuck]

Record profits in 2022 that drove inflation much higher.

How is this possible if Trudeau killed the oil industry?

[AlbertaFarmer5]

Didn't farmers also have record profits in 2022, didn't that drive inflation much higher?