Quote:
Originally Posted by curves2000
I think clips like this may be SOMEWHAT helpful to the Liberals in this regard, but in reality I do think they are fighting an uphill battle in regards to the perception and the implementation of this.
Virtually everybody has noticed an increase in costs, inflation pressures and more. A lot of things are being blamed for this and one of them is carbon taxes, government fee's and more. Right or wrong, virtually everybody is using this to justify increases and it's hitting the pocket book bad.
You have the federal government coming along and telling Canadians how lucky they are that they have this carbon tax, and how they are WAY better off with it and how for ALMOST everybody, the rebate is higher than the actual tax being paid. In reality that isn't the case, or at least it doesn't feel like that. People ask...."If I am way better off, why not apply a carbon tax/rebate to everything so I am WAY better off than I was before? The government doesn't have an answer .
Another potential way to look at it is housing prices and values across the board. Given the rapid increase in prices for the last 20+ years, your average homeowner should STFU about things because on paper they are all rich. Making bank, rolling in dollars, lot's if of millionaires and more. In reality that isn't the case an a lot of people are really struggling, or they don't feel like they are ahead in the game. A LOT of people always talk about their home prices and what they sold their random little box for, but then are forced to upgrade into a more expensive house, a larger mortgage and more. The feeling of wealth just doesn't transfer in a lot of ways.
This idea of the wealth affect and it's transfer was one of the main ideas behind quantitative easing and the cheap money supply we had post 2001 terror attacks, 2008 financial crisis and 2020 Covid. The notion that raising asset prices, equity and stock market's, homes and more would lead to a "wealth affect" and improve the economy is hard to really see.
So when the Liberals brag about how well everybody will do with this carbon tax rebate and how they are better off, your average Canadian will see how a prime rib roast is $100, a fuel fill up is $80 in a SMALL car and their shake and bake chicken seasoning, which is just bread crumbs/seasoning, has doubled in price in 2 years. They aren't feeling rich despite the government saying so.
Interesting times all around
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The purpose of the tax is not to make poor people rich.
The purpose of the tax is to cut our emissions as a nation, by punishing those who pollute more and rewarding those who pollute less.
If we're succeeding in that goal (and we are), the tax is worth it.