CorrectingTheCrossedWires
ToobzVille
A couple of days ago, I voiced my skepticism about B.C.'s soon to be invoked Carbon Tax.
Especially the revenue neutral part.
Well, Declan, who found himself staying up all night because of this, has some pretty interesting, and convincing, things to say about that (amongst numerous other things):
"One other comment I have, which (public transportation guru Stephen) Rees makes as well, is that people really don't seem to get the idea of a revenue neutral tax. I've heard many many folks talking about the increased costs from the carbon tax and how they will be passed on to the consumer, but almost nobody who mentions the flip side which is that with other taxes dropping to offset the carbon tax, those businesses with a small carbon footprint (the ones we want to encourage to grow) will have lower costs, which they too will presumably pass along to customers."
Pretty good argument.
Don't you think?
.
Crystia Freeland's Resignation
3 hours ago
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