Oh, Canada

Discussion in 'Politics & Religion' started by fhl, Dec 19, 2007.

  1. fhl

    fhl

  2. "Finance Minister Carole Taylor yesterday told The Province she's considering the tax in next year's budget, as a way of reducing the burning of fossil fuels."



    Higher energy prices by adding tax will decrease consumption? Energy prices have multiplied and energy consumption continues to increase.

    It's all adding up. Colder weather + NASA recently got caught with erroneous historical weather data and forced to correct it, very quietly however + a dire need to tax energy.
     
  3. Its widely recognized by economists that energy demand is inelastic - meaning changes in energy prices (via tax, supply shocks) do not effect demand.

    All this means - less income kept by the worker. More siphoned off into Government coffers.