Quote:
Originally Posted by EldrickOnIce
Was, is and always will be my problem with the carbon tax:
"providing incremental fiscal capacity for government priorities, be they infrastructure spending, tax reductions, deficit reductions or other programs."
Take the $3B and put it into effective green policy initiatives, and its all good. Make it just another slush fund revenue source for mismanaged spending, and it's less good.
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There needs to be some discretion when deciding what tax dollars are allocated for though. When you say it's all good if they put all the funds towards green initiatives, to me that would suggest that you'd be happy if they pushed forward with $1B in green initiatives because the funds are there while raising taxes to cover areas where the budgets have a $1B deficit. Like yourself I think the best outcome is if they are in a position to allocate all the revenue from the carbon tax to green initiatives, but I think handcuffing them to spend all the revenue in that area regardless of other potential issues that are a more pressing concern would be a mistake.