Thursday, June 26, 2008

One-off bribe pure political trickery

The B.C. government, in an effort to keep the carbon tax squealing to a minimum, mailed out cheques to every person in B.C. to help them assume the low-carbon lifestyle.

The $440 million for the cheques, plus the $10 million admin fee to the CRA, could have been better used to fund permanent tax cuts or, heaven forbid, lower the debt. The debt costs BC'rs $6 million per day in interest.

This pre-election loss of principles may, in fact, backfire on the BC liberals. The latest polls show 60% of people, across every demographic group, are rejecting the government's carbon tax.

This should make for a very interesting election come May 09.

No comments:

CTF You Tube Channel

Canadian Taxpayers Federation's Fan Box