Carbon tax follies
Listening to the radio this morning, I was initially perplexed by the vociferousness of the opposition to the BC carbon tax (which has brought together those well-known bedfellows, the NDP and the Fraser Institute, against the equally-easily-going coalition of the Liberals and the Canadian Council of Policy Alternatives.)
It was only when I realized we’re among the fortunate few who have disposable income, that I realized why people would be angry. Certainly, if we were near break-even on our cash flows, any marginal increase in expenses would be upsetting.
I suspect the highest-profile commentators (TV and newspaper) are in the same boat. Having reached the higher levels of their profession (if bloviation can be considered one) they’re unlikely to be affected by cuts to social services funding, so can only abstractly comprehend the impact of the cuts.
Raise the marginal tax rate though, and they’ll offer an earful of condemnation!