Quote:
Originally Posted by Slava
Well amongst the many things that bother about the carbon tax is that the whole thing is built on estimates that someone somewhere has the figures for, and knows probably don't work out. I'm just going by what I've seen on the news, but its something like $350 cost for a family per year, and then 66% of the families are going to get a rebate for $375. So we already know its costing more than people are putting in. But the thing is that you can't just give out cheques willy-nilly...so someone has to collect the funds and administer the program. Is it crazy to suggest that this would cost $100-150/cheque by the time you set-up a system, hire staff and all that stuff? Don't forget the office space, benefits and business cards for these people. So the amount of money going in right off the bat is less than what's being advertised.
Then I wonder about the estimates for the megatons of carbon this will save from going into the air. Lie what programs are they planning on implementing? How much of this is factored in as people making behavioural changes? It all seems really optimistic to me, but of course you can't really make that claim unless you've seen the numbers.
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Its going to be a nightmarish boondoggle from start to finish.
By the time the Government is done with it this tax is going to generate a net deficit.
But deficit spending is good during recessions because this is the 1930s and thats the New Deal!
Nobody worry about the alarming increase in debt servicing costs arising from our credit rating being downgraded twice in the last 12 months, besides, I'm sure it couldnt possibly be downgraded again and besides, I'm certain our fearless leaders have accounted for this!
Time for more taxes. We need more taxes.