Quote:
Originally Posted by Slava
With regard to the carbon tax, has there been any announcement or information made available for the income cut-off for rebates, or how this will be structured? Like at what income level do they begin "rebates"?
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They've talked about cutting a cheque twice a year, to the bottom 60% of households by income.
There's been a little wiggling on whether its 50%, 60%, or 2/3.
There's also been suggestions lower income earners will be better off, not just made whole.
I'll take a wild guess that it'll be 50-100 a month paid semi annually, with clawback a starting at about $60k a year. That's going by their other low income supports they've recently announced. We won't know for sure until the budget I don't think. Though they may release bits of good news candy when they need it between now and then.
Incidentally, with the new AB low income supports, the Feds family cheques, and now the carbon Notley bucks a lower income family of 4 is going to be about 10k richer. That's a big change. I hope they find a way to not punish people who have a chance to earn more but might otherwise be financially better off staying unemployed or under employed.