February 20, 2017

BC carbon tax no longer revenue neutral — but here’s how to fix that

Christopher WilsonRebel Commentator

BC Premier Christy Clark loves to espouse the virtues of our now nine year old carbon tax. Terms like “revenue neutral” are thrown around without being qualified or quantified.

Conservatives were always skeptical of this claim, understanding that the carbon tax was basically a consumption tax, and consumption taxes always get passed on to you and I, the consumer.

Fortunately, the Fraser Institute investigate the BC Liberals’ claim and have just released their report.

It finds that the BC carbon tax was revenue neutral when it was first introduced, but that since its price was raised from $10/ton to $30/ton, there have not been further tax cuts elsewhere to offset this increase.

I caught up with the report author, Charles Lammam, the director of Fiscal Studies at the Fraser Institute, who explains what the BC Liberals can do about this tax to keep their promise.

 

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commented 2017-02-21 03:48:53 -0500
Ah yes, carbon taxes… The fanciful solution to a non existent problem… It’s somehow appropriate that 2017 is exactly 500 years since the Catholic Church started selling “indulgences” which supposedly bought you less time in purgatory… So we are now being “taxed” for our non existent sin of causing non existent “global warming”; carbon taxes being the price to pay for this imagined sin?… Oh hell; there’s more than enough blame to go around for genuine pollution that mars many corners of the globe nowadays, but a tax on “carbon” is putting science back to the dark days of 1517… And politicians, from Trudeau to Wynne to Notley to Clark, plus Suzuki and Gore, may as well turn to debating “how many angels can dance on the head of pin?” for all that it has to do with reality…
commented 2017-02-21 01:23:45 -0500
Thanks George- that’s the one.
commented 2017-02-21 01:23:45 -0500
Thanks George- that’s the one.
commented 2017-02-20 22:13:31 -0500
Thanks for the link George….it was worth the read
commented 2017-02-20 20:27:51 -0500
It’s fun to spend money, it’s even more fun to spend an endless supply of other peoples money… Just ask any parasitic liberal or NDP’er.
commented 2017-02-20 20:14:41 -0500
Shit that’s nothing Gontario resident have been screwed out of billions for hydro.I find it hard to believe that any of hydro one executives deserve a bonus with the mess going on in Gontario.
I say Fuck the carbon tax and Fuck anyone that supports it.We have paid HST or GST for years.It was to eliminate the debt.Just how has that worked out.We pay taxes on fuel that is to be used for roads and where the hell is that tax going?
This carbon tax will raise your property taxes.It has to because the hydro and fuel for busing will be taxed.Who do you think will pay for that.
This will be Liberal tax bonanza so they can keep shoveling money out of the country in the name of climate change.
You brain washed twits keep buying into all this bull shit.We pay enough taxes.Time to say no more Fuckin taxes.
commented 2017-02-20 20:04:25 -0500
Incentives to change behaviour is almost never used by governments. Always punishments. That’s how they get more money. In the NP Lawerence Solomon had a very optimistic column about how it was finally safe now for the whistleblowers to come out now, which is starting to happen, and blow the lid off of the climate change scam. One of the big wig scientists involved, I forget his name offhand, has said how they were intimidated to go along with the lies right from the very beginning. Solomon figures heads will roll for this. A lot of science these days has become a hoax with evidence against the narrative being thrown out. Especially with evolution. Anyway, the left, particularly left wing governments making money off this scam, with the backing of the very fake news, will fight to the death over this one and without it being reported in the MSM, being the cynic that I am, I don’t hold much hope.
commented 2017-02-20 19:35:53 -0500
A tax is a tax is a tax.
We should switch to a tax “incentive” scheme where low-energy, low-polluting goods and power is tax free and investments in such things could be partially tax deductible. And raise fines for polluters and dumpers to increase income to go towards “green” tech and services.
Carbon tax is a scam by governments around the world.
commented 2017-02-20 19:32:48 -0500
Actually Ron, the government would tell you to throw another dollar in for administration and they will flip you a dime. $2 in and a dime back. That would probably fit the government definition of revenue neutral and the dime would be your rebate. And you could be right. The next “revenue tool” (what a term!!), could be taxing oxygen. Better not give the left any more ideas.

As Roseanne Rosanadana would say….“It’s always something”.
commented 2017-02-20 18:58:44 -0500
Chris, how to fix it? Stop the insanity of taxing carbon? What’s next, taxing oxygen? Need to start with the question: Why are you taxing carbon??
Also does anybody actually believe that if you throw a dollar into the givernment machinery that a whole dollar can come back out?
commented 2017-02-20 18:58:16 -0500
When you think about it, it’s amazing how far they have gone with this lie. I mean look at the industry they are building on a hoax. Plus and most importantly it is a revenue stream on an upward sliding scale, a dependable river from the taxpayers pockets. Bunch of crooks.
I wish we had a decent conservative party in BC. Christie Clark has to know the only reason she has a job is because we have no blessed choice. Yep David, we are going to have to hold our noses and vote for her again.
commented 2017-02-20 17:59:49 -0500
David White asked, " And when sun spot activity diminishes (and it is), what will become the tax du jour then? "

Then they will tax us on with-holding CO2 from the atmosphere (called “Global Cooling”) and conveniently forget to rescind the Global Warming tax. Because there is one thing for sure that we all know, is that whatever the reason for the “tax du jour”, it is because all the serfs are evil and must pay a tax to our betters. You know, the “betters” that don’t need live the peasant life style that we “lesser” must live … poverty.
commented 2017-02-20 17:27:48 -0500
Sorry, I meant universe, I’m to dumb for university.
commented 2017-02-20 17:20:43 -0500
Please indulge my musings for a moment, and accept the figures I use are loose approximations. CO2 makes up about 4% of our atmosphere? Water vapour represents close to 90% of our atmosphere? We are in the process of taxing a necessity of life on our planet, to what end? To reduce that 4% by a fraction, and do nothing to alter the climate whatsoever, virtue pose on a lie and bilk the serfs out of their hard earned money. Why not reduce water vapour by a fraction of its 90%? It retains heat as well. Here is the better choice. Cut the bullshit and drop the climatophobia. Do a good job of managing all of our resources and get a handle on actual pollution. My last natural gas bill for heating the house had a carbon tax of $26 for 30 days. I’m sure that altered the university. No matter how much money they bleed out of us, the climate will do its own thing. And when sun spot activity diminishes (and it is), what will become the tax du jour then?

Christy is no princess, but an NDP government in BC would be a total disaster. Are there any good conservatives in BC, or should we just hold our noses and hope the dippers DON’T get in.

As for the “revenue neutral” mantra ….two words….fuck off. Are we really that stupid?
commented 2017-02-20 17:15:54 -0500
WHAT ABOUT THE 1% SOLUTION ….NEVER HEARD OF IT ….HERE’S SOMETHING TO THINK ABOUT….1% TAX CHARGED ON ALL THINGS BOUGHT……THINK ABOUT FOR A WHILE
LET’S SAY YOU BUY A BAG OF CHIPS 1% ON THE COST OF A POTATOE 1% ON THE COST OF PLANTING THE POTATOE 1% ON PICING THE POTATOE 1% ON THE TRANSPORT OF THE POTATOE 1% ON EVERYTHING TO MAKE THE PLANT TO PROCESS THE POTATOE I% FOR THE FINAL SALE OF THE POTATOE SO ON AND SO ON AND SO ON .
RESULT NOBODY COMPAIN ABOUT A 1% RIGHT .
SO WE BRING IN SO MUCH MONEY THAT MEDICAL IS PAYED FOR SO ON AND SO ON AND WHEN A SUPLUSS OF THE 1% SOLUTION IS REACHED THAT SURPLUS IS GIVEN BACK TO CANADIANS THE 1% SOLUTION JUST THINK ABOUT IT EVERY BODY PAYS 1% ON EVERY THING THEY BUY INSTEAD OF 99 CENTS IT A DOLLAR NOBODY CAN COMPLAIN RIGHT
BRING BACK THE PENNY
commented 2017-02-20 16:27:59 -0500
Problem with even those governments which pretend to keep their promise to make the carbon tax neutral is that it is impossible to precisely calculate how much carbon tax a person/family pays.

This is because it depends upon how much a person consumes and of what type of products as to how much carbon tax is paid out, hence creating a tax credit to compensate is not possible.

But all that aside, I do not believe a government when they say they will make their carbon tax revenue neutral. It is a lie. It is always a lie.
commented 2017-02-20 15:46:48 -0500
If a carbon tax is truly neutral, and if the politicians implementing it actually believed that, then its implementation should be accompanied by repealing an existing tax of commensurate value.