Since we're now back on the subject of Dion's "Green Shift" (at least it's Dion's
until the rightful owner of that copywrite protected name peals it away from
the Liberal Party of Canada), and we're now discussing how this plan will affect
individual people in their day to day lives and finances, I want to take a large
step back. The term "revenue neutral" is tossed out often, and I'm assuming it
means "revenue neutral" to the Federal government if the Liberals come into power.
For all of the tax collection, tax cuts, child benefit pay outs, and so on and
so forth...an estimate of a percentage of this 15.4 BILLION collected to be
used to administer this monstrosity to keep it "revenue neutral" to the Federal
government never seems to be mentioned. Lets assume 25% for the sake of
some grade school level math (I am not an Economist by any means).
15.40 billion collected in this tax (6 billion plus from Alberta & Saskatchewan)
- 3.85 billion in administration of this tax plan (assuming 25% collected)
- 9.00 billion in tax cuts
- 2.90 billion in a child tax benefit
= -0.35 billion to improve the environment, new investment in green technologies, ect...
So....where's the "green" part of this "Green Shift" plan suppose to come from?
Factoring in administration (again assuming 25% & yes I know what happens
when one ass/u/me's), the 3 billion that might have been left for the green part
of this tax grab becomes a NEGATIVE 1/3 billion dollars. How's my math???