LILLEY: Trudeau's second carbon tax to cost Canadians big time

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LILLEY: Trudeau's second carbon tax to cost Canadians big time
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From brianlilley: Trudeau's second carbon tax to cost Canadians big time

Like the “price on carbon,” these regulations are a tax by any other name.

“Relative to household disposable income, PBO results show that the Clean Fuel Regulations are broadly regressive. That is, the cost to lower income households represents a larger share of their disposable income compared to higher income households,” the report states.Advertisement 4In Ontario, the estimate is the bottom 20% of income earners will pay an additional $217 by 2030 while the top 20% will pay an average of $495 extra.

By 2030, the bottom 20% of income earners in Saskatchewan will pay an extra $38 per year while the top 20% will pay an additional $1,117. In Alberta, the range is from $370 to $1,157.

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