What will the new carbon tax do to the gap between rich and poor? From whom will the money come, and to whom will it go?
The carbon tax will apply to heat, gas and groceries. Poor households spend a third more of their income on those items than do rich households, so the tax will make those with the least pay proportionally the most.
To whom will it go? The Prime Minister said it will fund provincial green energy programs. In Ontario, millionaire green energy insiders overcharged hydro customers by $37 billion, forcing many to the food bank. Never has a program taken from so many to give so much to so few.
Elsewhere, the CBC reported, “The Ontario government gave taxpayer-funded rebates to five millionaires to buy one of the most expensive cars ever manufactured, the Porsche 918 Spyder.” No surprise. Big government always benefits the well-lawyered, the well-lobbied for, and the well-off.
The best way to fight poverty is for the government to stop fighting the poor.