Socialist Saskatchewan

[petros]

I got the full tour. Even 70ft up on a swing stage inside one of the boilers.

It took a week to cool off before we could go Inn to do sonic testing to measure the tubing thickness.

 

[Twin_Moose]

I would like to see it I think it would be real interesting. We use some of the same NDE inspectors that tell me about the set up

 

[mentalfloss]

Wasn't the carbon tax supposed to be revenue neutral?? Was it not supposed to cost taxpayers a thing??

You don't know what revenue neutral means.

Also, don't ask petros for advice on what a subsidy is.

 

[petros]

No neutrality in BC.


A subsidy sure as shit isn't a capital cost allowance.

 

[Decapoda]

You don't know what revenue neutral means.

Apperently neither does Trudeau, Goodale, or yourself.

Another 'Revenue Neutral' Carbon Tax That's Anything But

But the federal government's suggestions that its carbon tax would be revenue neutral is even more disingenuous. Even the original suggestion of revenue neutrality (that money was recycled back to provincial governments) was misleading -- it came with no guarantee that provincial governments would give that revenue back to taxpayers. And of course, it glazes over the reality that collecting taxes and redistributing revenue involve administrative costs. And what about any additional HST or GST raised as a result of higher prices and tax-on-tax?

It's bad enough that our prime minister is pushing the idea that provinces are free to do whatever they want... as long as they do exactly what he wants them to do. But reusing the absurd revenue neutral spin quickly abandoned by the Alberta government, just because they like the way those words sound, will not instill faith in jaded taxpayers that carbon taxes are anything more than another tax and spend scheme.

 

[pgs]

You don't know what revenue neutral means.

Also, don't ask petros for advice on what a subsidy is.

Well why not take the time to educate us simpletons .

 

[petros]

Definition of tax credit in English:
tax credit
NOUN
A sum that can be offset against a tax liability.

Definition of subsidy in English:
subsidy
NOUN
plural subsidies

1A sum of money granted by the state or a public body to help an industry or business keep the price of a commodity or service low.

‘a farm subsidy’
mass noun ‘the rail service now operates without subsidy’

1.1 A sum of money granted to support an undertaking held to be in the public interest.
‘she was anxious about her Arts Council subsidy’

mass noun ‘the arts continued to thrive through public subsidy

1.2 A grant or contribution of money.
‘the position is generously rewarded and benefits include a mortgage subsidy’
‘the country's economy is near to collapse after the end of Soviet subsidies’

2historical A parliamentary grant to the sovereign for state needs.

Example sentences
2.1 A tax levied on a particular occasion.
Example sentences

 

[Jinentonix]

You don't know what revenue neutral means.

Actually, he does. It's you that has zero clue, still. Definition of revenue neutral: Revenue-neutral tax reform implies that it entails no tax increases.

A revenue neutral tax means there is no change to the amount of revenue coming into the govt's coffers as a result of the tax.
In other words, for a tax to be revenue neutral, taxes in another area need to be reduced by an equal amount.
And don't even bother with your pathetic argument that they're spending it on this and that. That's called tax and spend, which has nothing to do with being revenue neutral.

 

[petros]

Well why not take the time to educate us simpletons .

I'm still waiting to hear how carbon taxes have lowered emissions in BC.

The only physical endeavour that lowered emissions in BC was the Port Mann and Hwy 1 widening but that was heavily funded by Fed oil money not carbon taxes.

 

[Jinentonix]

Wasn't the carbon tax supposed to be revenue neutral??

Not necessarily. Pretty much every expert on the subject on the planet weighed in and said it needs to be revenue neutral, but when has a Liberal govt ever been afraid of gooning us for more taxes or listened to experts when the expert opinion differed from their own ideological beliefs?

 

[petros]

"I ate the GST". - Jean Chrétien

 

[Decapoda]

Not necessarily. Pretty much every expert on the subject on the planet weighed in and said it needs to be revenue neutral, but when has a Liberal govt ever been afraid of gooning us for more taxes or listened to experts when the expert opinion differed from their own ideological beliefs?

Yeah, don't let my cynicism give you the impression that I believed a Liberal Government for a single second. I have more sense than that.

 

[Jinentonix]

Yeah, don't let my cynicism give you the impression that I believed a Liberal Government for a single second. I have more sense than that.

Yeah don't worry. I already knew that. ;-) It was just a general response to what you posted.

 

[petros]

We should use the $62M to make the highways even flatter.

 

[Jinentonix]

I'm still waiting to hear how carbon taxes have lowered emissions in BC.

The only physical endeavour that lowered emissions in BC was the Port Mann and Hwy 1 widening but that was heavily funded by Fed oil money not carbon taxes.

They use what they call "net emissions". In other words they are guessing roughly how much emissions aren't being generated by economic gains.

For example, in 1992 Norway became the first country to introduce a carbon tax. They claim that between 1992 and 2008 they had a net emissions reduction of 16%. But...when you look up Norway's official statistics, carbon emissions actually increased by 15% over that same period.
That 16% is a "magic" number because it's based on projections of increased economic activity over a given period of time. So they estimated that without a carbon tax their emissions would increase by 31% over that period. Thus when emissions only increased by 15% with a carbon tax, they could claim a 16% net reduction based purely on a theoretical amount which makes the 16% claim suspect at best.

 

[petros]

Did you catch the Ontario cap and trade "success" that I shredded into composte?

 

[Cannuck]

The only thing you've ever shredded here is your own credibility. Tell us more about tax credits.

 

[captain morgan]

Did you catch the Ontario cap and trade "success" that I shredded into composte?

Looks like you have your special buddy following you around the forum.

 

[Tecumsehsbones]

I appreciate the answers to my question "is signing on to the plan a prerequite to getting the funding?"

From the answers, and assuring everybody that I am most certainly not a Canadian lawyer, and unqualified to comment except on general grounds, it sounds to me like the definitive answer won't come out until the courts rule.

 

[captain morgan]

"is signing on to the plan a prerequite to getting the funding?"

What the Feds proposed was that each jurisdiction had to develop their own (provincial) carbon tax (could be an outright tax or carbon trading, etc) and have it in place by a certain time.

The revenues generated from the individual programs would stay in the province where they were charged/collected and not be sent to Ottawa for redistribution.

In effect, it is a de facto sales tax to be administered by each province with no restrictions on how those monies were to be spent.

In the event that a province did not develop and implement a program, the Feds would impose one on the offending jurisdiction by virtue of clawing-back transfer payments from the Equalization Program

That said, there is no set Fed program that has to be adopted, but the funding you refer to is the Fed monies (Fed taxes payable) that are later redistributed back to each province