BC’s beleaguered carbon tax is getting a vote of confidence from a former federal Liberal leader.
MP Stephane Dion says the carbon levy has provided the lowest income tax in Canada for those who earn under $ 100,000 a year in BC.
“You pay less income tax that it would be the case otherwise so it is much better to pay taxes on what you burn than what you earn it is better for the environment and it is better for the economy so it is for British Columbians to decide of course but as a Canadian I am proud that one of our province saw the light and did the right thing.”
Dion says campaigns to axe the carbon tax are irresponsible and overlook the benefits to families and low income earners.
“There are ways to be sure that the tax revenues go back into the pockets of the people especially low income people and families then you have a very valuable fiscal policy where you have cut taxes on the profitable activities like savings, and investments, and work, labour.”
The tax is under review with its critics wanting it scrapped but Finance minister Kevin Falcon is hinting tweaks are more likely.
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