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Old Posted Dec 13, 2024, 9:30 PM
DTcrawler DTcrawler is offline
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Join Date: Feb 2019
Location: Ottawa
Posts: 998
Quote:
Originally Posted by YOWetal View Post
It's going to be 20 cents a litre by the time it's repealed. Certainly there might be a little fudging but the price will absolutely drop. Yes we will stop getting our cheques so many of us will be worse of. Personally I know I will be a lot worse off.
It's going to be a shock to many uneducated blue voters when those cheques disappear and the drop in price at the pump isn't enough to cover the difference. In fact the PBO's report estimates that the first three quintiles of Canadian earners will be worse off (from a combined fiscal and economic perspective) if the Carbon Tax were to be repealed. But that won't stop working class folks from buying into the notion that the tax is bleeding them dry.
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