No, that PBO study doesn’t prove the carbon tax is a stealth cash grab
of what we’ve been saying all along –that when it said most households would receive more in the federal carbon tax rebate than they paid in the tax, the Liberal government was lying.by the Office of the Parliamentary Budget Officer: A Distributional Analysis of the Federal Fuel Charge under the 2030 Emissions Reduction Plan.
Only … that’s not what the study says. Far from refuting the government’s claim, in fact it confirms it. In six of the seven provinces where the federal carbon tax applies, the PBO estimates that, even at the $170 per tonne the tax will have reached by then , 80 per cent of households will get back more in rebates than they pay in the tax. The only exception is Nova Scotia, where it is more like 50 per cent. But even in Nova Scotia, the average household is a net beneficiary.
This government has enough actual lies on its record without inventing new ones. There is simply no construction of the facts that supports the “money grab” claim. Indeed, as long as we’re including economic impacts, it is worth noting that the PBO projects a net loss to the federal treasury, taking reduced income tax revenues into account, on the order of $7-billion annually, by the time the tax is fully phased in.
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