Quote:
Originally Posted by Fuzz
I'm pretty sure you get the refund before payout, so you aren't "fronting" the money.
It works in a simple way. You pay carbon tax, on, say gas for your vehicle. If you drive less, you pay less. If you find commuting in your F-99950 costing too much in gas(partly due to the tax) maybe you trade it for a Civic. Boom emissions reduced.
My house had crappy insulation, and I paid carbon tax on natural gas. So this summer I reinsulated. I now save money on heating, and use less. Emissions reduced.
The benefit to citizens is you get a rebate, so the less you spend towards the carbon tax, the more of a net benefit it is to you. I bike to work, drive a reasonably sized vehicle, live in a reasonably sized house, and probably come out ahead, and it also all contributes to reduced emissions. This is only a small portion of how the tax works, but a good example.
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I agree you can save money by reducing your personal carbon footprint. Which people should be mindful of. But I’m like you and I try and be practical in general when it comes to life. I still don’t want to hand money over so I can get a rebate. And that goes with anything I buy. Luxury taxes for spendy people and corporations that pollute should be more of the the target for carbon tax. I don’t know what happens to all the money and I’m not sure I want to understand, but making it more expensive to live for the general tax paying citizen shouldn’t be the route taken in my opinion. We’ll see how it goes though because it’s not going to go away.