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In BC, it was a somewhat slightly to the right of centre party that introduced North America’s first carbon tax. It was designed to return all tax revenues in t
by ttul 7y ago
In BC, it was a somewhat slightly to the right of centre party that introduced North America’s first carbon tax. It was designed to return all tax revenues in the form of income tax reductions. The tax was really popular and has achieved substantially good results.
BC’s tax was gradually introduced, starting at a low rate. Also, the government of the time gave rural and low income people a large credit right away. I was poor at the time on account of being a startup founder (LoL) and I recall getting hundreds of dollars in the mail very soon after the tax launched.