dino_bobba_renno dino_bobba_renno:
Nor does it inform readers how much they can expect to see consumer goods to rise in price. Why? Because it can't. Fact is that it is imposable to predict the impact of this policy on the price of consumer goods because each of those goods will be hit multiple times. It will tax the resources need to make them, the manufacturing which produces them (or the multiple phase of manufacturing necessary to produce individual parts and components which is even worse), the packaging of those goods, the delivery of those goods and even the stores that sell them will need to increase their prices due to the increased energy costs.
We can make some guesses though. In 2006, Canada's total GHG emissions were 721MT. Multiply this by $40/tonne, the 4th year tax, and you get $28.84 billion. Dion's estimate is half this, and there's no reason to doubt that it will be as not every tonne will be taxed.
Now, divide that by the approximate population of 30 million and you get a per-person tax of $961.33.
Now let's see what income tax cuts he's promised. Taking the size of the cut to the bottom bracket (1.5%), and multiplying that by the size of the bracket (about 35000) gives $525 in tax cuts. So now your monthly tax increase if you're in the second bracket is roughly $36. And that doesn't factor in the other tax cuts or the increases to things like the child care Harperbucks.
Of course, now, you can pay less tax by buying less stuff. Buy a used car instead of a new one, and you'll not pay any more tax. Buy local and you'll save. Save your money and you'll save. Reduce and reuse and you'll save. Repair rather than replace and you'll save.
It's not the dumbest idea in the world, it's just a shame it's so wrapped up in all this AGW rhetoric.