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Fill ‘er Up Tonight!!

June 30th, 2008 Posted in Taxes

Introducing: The BC Carbon Tax Grab

With the B.C. Liberals starting the sales push on THEIR carbon tax, ask the question…

Just what does a carbon tax really accomplish?

Where does the money go?

Tomorrow marks the day that they raise gas prices, among other things, in the name of global warming. It gives BC the title as the most carbon-pricing aggressive regimes in the world.

Now we get the incentive of $6/gallon gas, I guess their work is done.

The 2.4 cents a liter (9 cents a gallon) tax is going to hit all those evil drivers.

It’s styled to change your lifestyle – so you’ll be more green.

What concerns me – is the hidden part of this grab.

Most of this crazy tax will be hidden, and business will get hit by the lions share of it.

We’ll end up paying more for everything we buy.

If a dollar increase at manufacturing equates to say, $3 retail, hang on. Food, utilities, and anything that is made using electricity, fuel, or oil, are all to get an increase.

This tax has been referred to as a “smart carbon tax”.  Revenue neutral.  If this is true (it’s not), then what’s the point?

If ridiculously high oil prices haven’t slowed down oil’s use, carbon taxes sure won’t reduce anything but the cash flow of the poorest working Canadians.

The Liberals thinking is that once all those working Canadians are finally broke, carbon footprints will finally be reduced.

Sad fact is that the ones with the biggest footprint won’t feel a thing. They get to pass along their costs.

My prediction is this is the first of many more new taxes to come, in the name of “green”.

(By the way, my $100 bribe hasn’t shown up yet.)

Steve Janke has an excellent post on the situation.

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One Response to “Fill ‘er Up Tonight!!”

  1. Mike Harmon Says:

    I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you down the road!


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