Washington State voters rejected a proposed US$15 per tonne carbon tax.
Handouts are far costlier than emission tax revenues to fund reductions in other tax rates.
The federal carbon price will reach $50.00 per tonne by 2022.
One reason for a federation is to pursue different approaches to policy.
The plan doesn’t account for job losses, lower wages and reduced investment when calculating the impacts of the carbon tax on Canadian households.
The Trudeau government plan relies on rebates to households instead of reductions in tax rates.
Federal plan adds more regulations to the mix—then sticks a carbon tax on top.
Study assumes the new carbon tax will shift the tax burden from households to businesses without putting businesses at a competitive disadvantage.
The top personal income tax rate now exceeds 50 per cent in seven provinces.
Manitoba’s premier says the $50 federal carbon price would endanger his province’s economy.