Mainly Mattias Ohlund

Sunday, October 05, 2008

Grr.. I hate when BC gets shafted

This has nothing to do with hockey.. but rather how the west is constantly shafted.. and how I hate politics.

Michael Smythe in today's Province
:
The carbon-tax-hating Tories are raking in $30-million from Campbell's carbon caper by charging GST on top of the carbon tax. (Check your last bill from Terasen Gas for proof.)

A tax on a tax. It doesn't get more Canadian than that, eh?

The Campbell government estimates the carbon tax will bring in $1.8 billion over three years. That means the feds will collect an additional $92 million by charging GST on the carbon tax.

Some businesses will be able to recover the GST on their tax returns, but individual consumers will not. Universities, hospitals, charities and non-profit organizations will also get hit with the double-whammy.

The bottom line: The Harper government will reap more than $30 million in profit during the first three years of the B.C. carbon tax -- all while Harper's Tories are campaigning against it, according to accounting firm BDO Dunwoody in a recent analysis.

...Meanwhile, federal Liberal Leader Stephane Dion's call for a national carbon tax raises the spectre of yet another layer of carbon taxation in B.C.

Seeing that turnabout is fair play, Spiers asked Hansen if the B.C. government would charge the provincial sales tax on top of a federal carbon tax if Dion wins the Oct. 14 election.

"That is a decision the government would have to make," Hansen replied. Talk about a double standard! (Check out Spiers's blog for more: vernonblog.blogspot.com.)

Revenue neutral? In your tax-free dreams.

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