Comment 61771

By Pxtl (registered) - website | Posted March 30, 2011 at 14:23:20 in reply to Comment 61769

They've noticed how the GST cut worked. Income tax cuts are hard to spot - most Americans think their taxes have gone up under Obama. Sales tax cuts are immediately visible and easy to quantify so they get more attention.

Cap-and-trade is invisible and hard to quantify like income tax. Taxing at the retail point has shipwrecked the provincial liberals.

Which is sad because in this case the latter is obviously better. Not only is it better for the environment, it also means that Canadian heavy industry can export uninhibited. Which, sadly, is my preferred approach - I don't want to see Canadian businesses unable to compete in a global market because they're being faced with rules that other countries don't have. After all, killing Canadian heavy industry is just a recipe for importing carbon-heavy products from China instead of locally made ones.

Dang, the calculus is one step away from vile trickle-down-economics, but it really seems like the best way to go. Tax the consumer to keep the local industry competitive, because that way we make sure we're not just moving the pollution around.

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