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Old 10-12-2008, 01:08 PM   #868
Bend it like Bourgeois
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Quote:
Originally Posted by calculoso View Post

What about Dion's Carbon Tax? The rational behind it being revenue neutral is that Income Tax will go down, and it will offset the raise in prices caused by the Carbon Tax. What happens to those that don't pay income tax? Their prices will be going up with no/little benefit back to them, making the poor even more poor. For example: their calculator says that someone making $35k per year will get $357 back.

Just another reason to not like the green shift.
Assuming they don't a) lose their job beforehand and b) the tax breaks come in all at once.

Dion will bring the carbon tax in soon enough to scoop the revenues, but the 'offset' we may never see.
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