As of July 1, BC's carbon tax increase adds another 1.11 cents per litre to gasoline prices and another 1.15 cents per cubic metre on natural gas.The carbon tax now totals 5.56 cents on every litre of gasoline. The carbon tax will rise another 1.11 cents to 6.67 cents per litre on July 1, 2012.
The residents of BC seem to be getting along with the carbon tax, unlike the HST which is not going down so well.
George Akerloff says "tax the bads" in this video
ReplyDeletehttp://ineteconomics.org/viewvideo?v=Z_b_Q0gW6gc
I wonder what Stephane Dion must be thinking now?