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When the carbon tax* was introduced in Australia our tax free threshold was increased from $6k to $18k which more than covered the increase in costs caused by t
by TheSmiddy 6y ago
When the carbon tax* was introduced in Australia our tax free threshold was increased from $6k to $18k which more than covered the increase in costs caused by the tax.
*This has since been repealed, a decision I strongly disagree with.
- anchpop 6y agoI believe canada proposed doing it by taking all the money collected through the carbon tax and giving it equally to all Canadian citizens. This would mean everyone gets back the amount that the average person paid, making it so the average person sees no change in their level of taxation. (It also has the effect of turning it into a highly progressive tax)