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Originally Posted by Locke
Especially considering the Carbon tax is about as fluid and ethereal as it gets. The people instituting it have no idea as to its effects. Its supposed to cost the wealthiest Albertans a maximum of...well, thats been a bit of a moving target as of late, whats it at now? $480/year?
But again, that doesnt take into account any of the downstream Economic effects that, according to our Fearless Leaders, dont exist.
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I think the scary thing is that they have taken into account downstream effects...
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The indirect costs of the carbon levy are estimated to range between: - $50 to $70 per household in 2017
- $70 to $105 per household in 2018
Indirect costs of the carbon levy on Alberta households were calculated using a detailed Alberta Input-Output model, which is based on Statistics Canada data and reflects inter-industry as well as cross-border trade flows that occur while producing a specific good or service consumed by Alberta households. To develop the ranges, it is assumed that businesses subject to the levy pass through 50% to 75% of the related costs to consumers.
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But they have no intention of accounting for this in their rebates. The $200 bucks poor people get is only for gas and heat plus $9 bucks. And how laughable is assuming business will pass on 50% of the cost to their consumers? Awesome business model there...gross profit - 50% of costs = net loss.