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Old 10-04-2016, 03:26 PM   #3832
Bownesian
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Quote:
Originally Posted by burn_this_city View Post
I can't really blame Notley and find her position to be reasonable. The basis for the carbon tax was to grant pipeline approvals. This entire thing is a cash grab by the feds. The tax should be revenue neutral but it won't be, and will be used to balance the books.
The feds said that the carbon tax dollars would be transferred back to the provinces from which it was collected. What the provinces do with those dollars determines whether it's a cash grab or not and truly revenue neutral.

Alberta's tax is a cash grab, in that the proceeds are spent on ideological transfers from richer to poorer Albertans, and from profitable corporations to unprofitable ones (i.e. slush fund grants to "green" companies who without the grant would not be viable).

If Alberta's Carbon tax were more like BC's in that it is offset by broad drops in the corporate tax and personal tax rates, it would be actually revenue neutral.
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