The very idea of a carbon tax is a fantastic idea. The implementation and perceived benefit still fall under the fantasy and delusion category.
TheRaven476 on
Clearly the Liberal’s need to increase their messaging to the PBO, they’re not getting their message about how great everything is for Canadians. They’re just experiencing the budget differently.
Where are all those so called “financial experts” and “accountants” when I said this six months ago?
northern-fool on
It’s absolutely crazy that despite it being right in front of their own faces, that dispite everybody with more than 2 working brain cells can see it with their own eyes….. people were still denying it.
KermitsBusiness on
Everything like this fails because there are too many ways for corporations to keep themselves ultra profitable while putting the cost on the middle and low income classes.
In theory its great, in reality trickle down economics is actually trickle down costs and trickle up profits.
Professional-Cry8310 on
“Giroux found the Liberals’ claim that most Canadians receive more in rebates than they pay in carbon taxes is accurate. Only people in the highest income brackets in Prince Edward Island, New Brunswick and Nova Scotia will pay more in taxes than they receive in rebates.”
This is all that really matters to the Liberals and will be their defence. Impact on GDP will be targeted by the conservatives but the liberals will either ignore it or say it’s worth it to fight climate change.
So, politically, this doesn’t change anything for the current dynamic. Policy wise, it is good data though. We need to know the downsides of the policies implemented and it’s been fuzzy around this carbon tax for too long.
NorthIslandlife on
Strange. Other media outlets are saying that the report finds canadians are better off. It’s almost like everyone is seeing the report through different lenses. The media is biased, we are biased, what are we doing here?
90% of it is:
If you don’t want to spend money to mitigate climate change then carbon tax = bad
If you want to do something to mitigate climate change, carbon tax = good
Let’s argue.
konathegreat on
Once everything is included, we are definitely hurting because of it.
The Liberals botched the entire concept of a Carbon Tax. The implemented it wrong. They messaged it wrong. They are inept.
PlaintainForScale on
Is there any hard data on the actual reduction in emissions that can be directly arrtibuted to the carbon tax?
Maybe we are paying more than we get back…maybe were not.
But many times when anything ‘carbon tax’ comes up I often hear that people have no choice but to drive to work, haul goods by truck, or heat their homes with propane or gas.
Anecdotally, the cost in living in general has reduced my KMs. Not the carbon tax that I supposedly get refunded.
So how much have we actually reduced those emissions?
And how does that reduction look against Canada’s total emissions and then against global emissions?
atticusfinch1973 on
Don’t tell all the Liberal subs. Most of us knew this from the start of this virtue signaling grift.
Logical_Scallion_183 on
Woah woah woah woah, according to these ducks me getting $50 quarterly makes my life better….. Its not true???
ZeroBarkThirty on
Wasn’t the carbon tax a conservative idea? I mean it’s purely libertarian: if you want to pay less, consume less. That way they avoid actually regulating anything.
It’s literally a mechanism to put the market at the steering wheel. Yet it feels like there’s more suburban commuters around me than ever buying 3/4 ton trucks because they occasionally need to move some topsoil.
TheSlav87 on
What fucking rebates did I get?
Former-Physics-1831 on
There’s two conclusions here:
1) most Canadians get back more in rebates than they pay in
2) accounting for long term drag on GDP growth, over time most Canadians will experience a little less income growth over the long term.
You can debate whether the policy is worthwhile (I’d ask you to show me a meaningful climate change plan that doesn’t come with any costs), but it is obvious that these two conclusions are frequently confused or conflated on this sub
RepresentativeCare42 on
“confirmed most Canadians are getting back more in rebates than they pay in carbon taxes”
Hpesoj on
Something people need to consider is how worse off Canadians will be if we allow Climate Change to run rampant and do nothing. The cost of doing nothing is even higher.
mightyboink on
Do we have a reputable source who’s reviewed the findings and can offer an unbiased summary?
Postmedia is biased junk.
Jkj864781 on
A big fuck you to anyone who argued that this tax would be beneficial.
free_username_ on
Carbon tax to reduce emissions.
100% tariffs on affordable Chinese EVs to limit adoption of electric vehicles and continue using gas cars.
Very consistent objectives here. Tax the consumer first. Environment second.
Adventurous_Pen_7151 on
Carbon tax is bad for the economy and doesn’t do anything for the environment. Companies cover the cost that they are charged by increasing prices. Who will explain such basic economics to the Liberals?
tai1on on
Oh you don’t say lol??? Everyone except Trudeau minions knows this,
LysanderSpoonerDrip on
Quoted from the article:
“But on average, the PBO said, households were worse off when the economic impact on GDP and investment income is considered.”
“Given that the fuel charge lowers employment and investment income, which makes up a larger share of total income for higher-income households, their net cost is higher,” the PBO said on its website.”
GrumpyOne1 on
Almost sounds like it’s part of the plan. Giroux got a call from JT to ‘correct’ the report.
Now he can throw a hailmary and drop the carbon tax while gaslighting us saying that it was put in fore the benefit of Canadians based on the data and calculations in the initial report but now that he has a ‘corrected’ report he will drop the tax because he’s working hard for Canadians’ personal finances. All he was doing all along was following the math to help Canadians, now that the math changed he wants to help again.
Maybe a little $500 per family for the ‘inconvenience’
He’s all out of options. He’s seeing the same polls we are and is now willing to do anything to spin the narrative to save his own ass. This was never about climate change.
24 Comments
The very idea of a carbon tax is a fantastic idea. The implementation and perceived benefit still fall under the fantasy and delusion category.
Clearly the Liberal’s need to increase their messaging to the PBO, they’re not getting their message about how great everything is for Canadians. They’re just experiencing the budget differently.
<Shocked Pikachu Face>Really?</Shocked Pikachu Face>
Well, well, well.
Where are all those so called “financial experts” and “accountants” when I said this six months ago?
It’s absolutely crazy that despite it being right in front of their own faces, that dispite everybody with more than 2 working brain cells can see it with their own eyes….. people were still denying it.
Everything like this fails because there are too many ways for corporations to keep themselves ultra profitable while putting the cost on the middle and low income classes.
In theory its great, in reality trickle down economics is actually trickle down costs and trickle up profits.
“Giroux found the Liberals’ claim that most Canadians receive more in rebates than they pay in carbon taxes is accurate. Only people in the highest income brackets in Prince Edward Island, New Brunswick and Nova Scotia will pay more in taxes than they receive in rebates.”
This is all that really matters to the Liberals and will be their defence. Impact on GDP will be targeted by the conservatives but the liberals will either ignore it or say it’s worth it to fight climate change.
So, politically, this doesn’t change anything for the current dynamic. Policy wise, it is good data though. We need to know the downsides of the policies implemented and it’s been fuzzy around this carbon tax for too long.
Strange. Other media outlets are saying that the report finds canadians are better off. It’s almost like everyone is seeing the report through different lenses. The media is biased, we are biased, what are we doing here?
90% of it is:
If you don’t want to spend money to mitigate climate change then carbon tax = bad
If you want to do something to mitigate climate change, carbon tax = good
Let’s argue.
Once everything is included, we are definitely hurting because of it.
The Liberals botched the entire concept of a Carbon Tax. The implemented it wrong. They messaged it wrong. They are inept.
Is there any hard data on the actual reduction in emissions that can be directly arrtibuted to the carbon tax?
Maybe we are paying more than we get back…maybe were not.
But many times when anything ‘carbon tax’ comes up I often hear that people have no choice but to drive to work, haul goods by truck, or heat their homes with propane or gas.
Anecdotally, the cost in living in general has reduced my KMs. Not the carbon tax that I supposedly get refunded.
So how much have we actually reduced those emissions?
And how does that reduction look against Canada’s total emissions and then against global emissions?
Don’t tell all the Liberal subs. Most of us knew this from the start of this virtue signaling grift.
Woah woah woah woah, according to these ducks me getting $50 quarterly makes my life better….. Its not true???
Wasn’t the carbon tax a conservative idea? I mean it’s purely libertarian: if you want to pay less, consume less. That way they avoid actually regulating anything.
It’s literally a mechanism to put the market at the steering wheel. Yet it feels like there’s more suburban commuters around me than ever buying 3/4 ton trucks because they occasionally need to move some topsoil.
What fucking rebates did I get?
There’s two conclusions here:
1) most Canadians get back more in rebates than they pay in
2) accounting for long term drag on GDP growth, over time most Canadians will experience a little less income growth over the long term.
You can debate whether the policy is worthwhile (I’d ask you to show me a meaningful climate change plan that doesn’t come with any costs), but it is obvious that these two conclusions are frequently confused or conflated on this sub
“confirmed most Canadians are getting back more in rebates than they pay in carbon taxes”
Something people need to consider is how worse off Canadians will be if we allow Climate Change to run rampant and do nothing. The cost of doing nothing is even higher.
Do we have a reputable source who’s reviewed the findings and can offer an unbiased summary?
Postmedia is biased junk.
A big fuck you to anyone who argued that this tax would be beneficial.
Carbon tax to reduce emissions.
100% tariffs on affordable Chinese EVs to limit adoption of electric vehicles and continue using gas cars.
Very consistent objectives here. Tax the consumer first. Environment second.
Carbon tax is bad for the economy and doesn’t do anything for the environment. Companies cover the cost that they are charged by increasing prices. Who will explain such basic economics to the Liberals?
Oh you don’t say lol??? Everyone except Trudeau minions knows this,
Quoted from the article:
“But on average, the PBO said, households were worse off when the economic impact on GDP and investment income is considered.”
“Given that the fuel charge lowers employment and investment income, which makes up a larger share of total income for higher-income households, their net cost is higher,” the PBO said on its website.”
Almost sounds like it’s part of the plan. Giroux got a call from JT to ‘correct’ the report.
Now he can throw a hailmary and drop the carbon tax while gaslighting us saying that it was put in fore the benefit of Canadians based on the data and calculations in the initial report but now that he has a ‘corrected’ report he will drop the tax because he’s working hard for Canadians’ personal finances. All he was doing all along was following the math to help Canadians, now that the math changed he wants to help again.
Maybe a little $500 per family for the ‘inconvenience’
He’s all out of options. He’s seeing the same polls we are and is now willing to do anything to spin the narrative to save his own ass. This was never about climate change.