So I have a question.
In Dion's Green Shift he wants to increase the tax on diesel by $.07/liter (which makes it great that I bought a more fuel efficient diesel car
), but not on regular gasoline as he says it is already taxed at $.10/liter which is equivalent to $42/ton in his carbon tax. Is he talking about the excise tax on gasoline that goes to general coffers? If so, what are the chances he will put that money into the income tax cuts that we are supposed to get? And if he is, what about the $.04/liter excise tax on diesel that is already in place. Will this be added too?
My guess is that he won't. And he won't put a carbon tax on gas like he would diesel because that would really kill his popularity. Considering all the money he is spending, he will need that excise tax to fund his programs. (As per the government website, it states that the government in 2006 put over $5 billion into it's coffers from excise taxes. $4 billion from gasoline and $1 billion from diesel.)