this post was submitted on 02 Apr 2024
39 points (97.6% liked)

Ontario

2180 readers
116 users here now

A place to discuss all the news and events taking place in the province of Ontario, Canada.

Rules

founded 3 years ago
MODERATORS
 

Saw the Premier's press conference this morning and felt disappointed.

I, on principle, am against donating to political parties. So I decided to take some action by donating to charities (and at the same time sending an eCard to my MPP).

Hi Mr.Anand, I would like to thank Premier Ford and the Ontario PCs for bringing the carbon tax to Ontario by cancelling the Cap and Trade program in 2018. The carbon tax that was held as constitutional by the Supreme Court of Canada. I am donating to Gen Squeeze (832390199RR0001) and the Greenbelt Foundation (822521878RR0001) as a result of the maligned press conference hosted by the Premier on April 2, 2024. Sincerely, *****, an active constituent from Mississauga-Malton.

On March 26th, 2024, 300+ leading Canadian Economists signed an open letter on carbon pricing.

the most vocal opponents of carbon pricing are not offering alternative policies to reduce emissions and meet our climate goals. And they certainly aren’t offering any alternatives that would reduce emissions at the same low cost as carbon pricing.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] -4 points 6 months ago (13 children)

Aren't corporations exempt from the tax and allowed to buy carbon credits at a much lower price instead? And aren't entire industries exempt, like agriculture (the single largest generator of carbon emissions in Canada)?

And don't those rebates for the carbon tax stop at just $61k income for an individual? Thats barely enough to buy a 50 year old trailer in BC (and you don't own the land it's on) last I checked. Considering the cost of living I'm sure that "low income" cutoff is way too low.

All that amounts to middle class people who are barely making their mortgage payments paying more than corporate giants are.

When you measure tax contributions as a percentage of total wealth, corporations and ultra rich always pay less than everyone else.

[–] [email protected] 6 points 6 months ago (12 children)

Under the current carbon pricing scheme, there is no such thing as purchasing of carbon credits. This might be the case under a cap and trade system, which currently only exist in places like Quebec and California (and formerly Ontario). Additionally, if corporations were exempt, there would be no need to buy carbon credits.

There are special areas such as home heating where there is a temporary hiatus on the carbon pricing.

The carbon tax rebates apply uniformly. But remember that carbon pricing punishes those who heavily rely on carbon based fuels (e.g. people with multiple vehicles, homes, etc).

Carbon pricing is not intended to redistribute wealth. So the point about the upper class paying a lesser percentage of their wealth is not relevant and we also don't have evidence of this.

[–] [email protected] -3 points 6 months ago (9 children)

Carbon pricing is not intended to redistribute wealth.

Then what's the fucking point. Wealth distribution is core of all problems in society.

we also don't have evidence of this.

Wrong. You can literally do it with your own taxes. Go look up the corporate taxes for any public company (they're public so they publish those numbers), and figure out what percentage of that company's total wealth it is. Then compare that with how much tax you paid as a percentage of your total wealth.

You can even do it with billionaires because some of them, like musk, actually voluntarily share that info. Last year I paid over 20% of my total wealth in income tax alone, musk paid less 4%.

[–] [email protected] 4 points 6 months ago (1 children)

I am not denying that the upper class may pay a lesser percentage of their wealth. What I am saying is that even if it is true, this is not relevant to the discussion on carbon pricing because that is not the objective in the first place.

The point of the carbon pricing is to mitigate the effects of the climate crisis.

Wealth redistribution is well deserving of its own discussion. However, on its own wouldn't be a very effective tool to address the climate crisis as it does not hit the core of the issue, which is greenhouse gas emissions.

[–] [email protected] -1 points 6 months ago (1 children)

You know how corporations and the wealthy generate the majority of carbon emissions?

Well maybe they should also be paying the majority of carbon taxes.

[–] [email protected] 1 points 6 months ago (1 children)

Do you have evidence indicating that corporations and the wealthy do not pay their fair share of the carbon emissions they generate?

[–] [email protected] 0 points 6 months ago (1 children)

You know what, I'm sick of being told to take responsibility for a problem created by people thousands of times more wealthy and powerful than myself.

Why should people who can't even afford homes be paying carbon taxes while the wealthy fly around in private jets and build mega yachts?

Fuck this backwards ass thinking.

[–] [email protected] 1 points 6 months ago (1 children)

You could have just said "no I have no evidence and I'm using my feelings as facts" that would have saved us all time.

[–] [email protected] 0 points 6 months ago (1 children)

What evidence do you need of the wealthy consuming more than the poor? All you have to do is open your eyes and look around you.

[–] [email protected] 1 points 6 months ago

Nobody is disputing that the wealthy consume more than the poor.

We are disputing your claim that the wealthy do not pay their fair share of greenhouse gas emissions. Please provide evidence to substantiate your claims.

load more comments (7 replies)
load more comments (9 replies)
load more comments (9 replies)