BC and Alberta Have Upped The Cost of Cutting Emissions
Posted by MIchael Campbell
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In 2008, when BC introduced the carbon tax it was revenue neutral. Any revenue collected would be returned in the form of lower corporate and indiviudal taxes so there was no net increase in the government’s tax revenues. That’s now changed in BC and Alberta – like any other tax, the carbon tax will be a revenue generator, which is bad news for the economy.
…related from Michael: In The Name of Fairness