Almost two years ago the naysayers were coming out:
To launch a carbon tax now in the face of a potential recession would be foolhardy. Those gouged by it would be forced to cut spending on other goods and services, aggravating the slowdown and triggering further unemployment.
While I don’t like Gordon Campbell and his party, and Carole James attack of the tax was very misguided, you have to admit the tax hasn’t crippled BC. BCs GDP hasn’t dropped any more than the rest of Canada, and it looks like BC will actually be doing quite reasonably next year.
Now, the actual environmental effects of this tax may take a while to see, but it is good to point out that you can have both an economy and an environmental platform.
It’s also worth noting that some of the arguments against the HST (that it will slow spending) were the same as those against the Carbon Tax, and I’ll agree that they’re likely alarmist arguments. But I still oppose the HST since it fails to do anything for the people of BC and Ontario. Since tax cuts are just being straight shifted to large businesses, and is costing every Canadian $200 ($6 billion in handouts from Ottawa) before the tax is even in place. Further, the tax comes with a load of strings, limiting the ability of BC and Ontario to exempt products from the tax in the future. While harmonization may make sense, using it as a method of tax structure shifting is wrong.