Green Shaft

8/14/2019 Green Shaft

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123 Main St.,Whoville, ON N0N 0N0Phone: (555) 555-5555

House of CommonsOttawa, ON K1A 0A6Phone: (613) 955-5555

Simon Legree M P Armpit-South

Liberals will cut personal and corporate taxes by billionsof dollars a year. Every family will pay less income tax.These savings will then be collected in a new andinnovative plan, called the Brown Shaft. It will be

launched after they get elected.

Liberals will put a price on carbon emissions thatcontribute to climate change and fuels such as coal andnatural gas. There will be no new tax on gasoline at thepump. Instead, the oil producers who will be taxed withthis new levy, will raise the cost of fuel, thereby screwingthe public without the Libs getting their hands dirty.

All money raised from polluters (bad, polluters!) willfund the tax cuts for families, companies and workers.Except for a few bucks that will be redirected to

advertising companies in Quebec - very few. Also, someconsultants here and there.

Liberals will invest in renewable energy and hug trees

and cut pollution while the rest of the polluting nationscontinue on their merry way. If you burn less, you payless. (Just like before the Green Shaft was conceived).Overall it will not affect the planet because others (like

China, the US) will continue polluting 'cause they do nohave the Liberal "Vision" and refuse to be Green Shafte

Liberals will include everyone on this scam because webelieve in universal screwing. Our plan to fool the peopand get elected trumps even the NDP schemes fortargetting those who contribute; so that we can take theimoney. (Can't take from the poor, they have none.) .

Liberals promise to cut personal and corporate taxes inorder to get votes. When the higher-taxed fuel results inhigher prices, lost jobs, company closures (because othecountries will pay less for fuel) then we will blameindustry for not being competitive. We will also promisto create thousands of new jobs because we knownothing about economics, but a lot about shafting.

Liberals launch bold plan to Fool most Canadians

GreenGreenGreenGreen

Shaft:Shaft:Shaft:Shaft:Liberal Leader StphaneDion launches new bold shaftwhereby the Liberals screw

western Canada (no votesthere) and use the Shaft Planto redistribute money to theirfriends. The plan shifts taxesonto polluters who will pass

the cost unto their clients.

The Liberals can then claimit's not their fault, it's thosenasty polluters.

(Why didn't we think of this earlier?)

Liberal Scams ReportSimon Legree, Member of Parliament, Armpit-South


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The Liberal Green Shaft is a forward-looking plan that isgood for the environment and the economy.

It is powerful and simple: we will cut taxes on things wewant more of, such as income, investment and innovation.And we will shift those taxes to what we all want less of:pollution, greenhouse gas emissions and waste.

Economists and environmentalists are virtually allagreed: if we are serious about combating global climatechange, we must put a price on greenhouse gas emissions.Pollution cannot be free. By recognizing that carbon has areal cost, we as a society will shift our energy use to cleaner,greener alternatives.

This bold idea will also stimulate opportunities, leadingus to invest in technologies that will cut emissions andtransform our future. Whether we are talking about capturingand sequestering carbon from the oil sands, or developingnew forms of renewable energy, Canada must become aworld leader in these fields. The future is green, and if

Canada is an innovator, Canadians will profit.

The Green Shaft phases in a cost for carbon dioxide,starting at $10 per tonne in the first year, and increasing to$40 per tonne in the fourth year. This will apply at the

wholesale level on fossil fuels such as coal and natural gas.There will be no increase to tax on gasoline at the pumpbecause the existing ten-cent-per-litre excise tax is equal to price on carbon of $42 per tonne.

An average household will pay $225 to $250 in directcosts in year four, mainly due to higher heating andelectricity costs. But this will be offset by lower income

taxes, a new child tax credit worth $350 per child per year,and other measures targeted at low- and middle-incomeCanadians, seniors, and other vulnerable Canadians.

This plan cuts across ideologies of left and right.Proponents of a green tax shift for the whole of Canadainclude such diverse groups and individuals as theConference Board of Canada, environmental leader DavidSuzuki, and the Canadian Council of Chief Executives, toname but a few.

Of course, since I know nothing of the economy, if joblosses, global competition, plant closures and inflation cripp

the country, I will give you all a refund, as well.

Trust me.

Lets really do a number on theeconomy - anything to get elected

If we can't pin a scandal on theTories, we need a new initiative tofool the voters. This Green Shaft

sounds like a good thing.We'll be remembered as,

"The Party That Saved The Planet"

Green Shift offers tax savings for typical familyThe Liberal Green Shaft plan is not only good for the

planet; its good for your wallet too. (Wallets will be slimmer,trimmer, good-looking!)

The Green Shaft tax cuts reward hard work. Under the plan,Liberals will cut the lowest income tax rate to 13.5 percent from15 percent. We will also cut income tax rates for middle-incomeCanadians to 21 percent from 22 percent and to 25 percent from26 percent. (Wow, a whole point...!)

This means by the fourth year of our plan, a family with twochildren and a combined income of $20,000 will save almost$2,400 on average; a family with two children earning $40,000 ayear will save about $1,850; a family with two children earning$60,000 will save over $1,300, as will a family earning $80,000.(This will cover the higher fuel prices which will ream you,unless you stay home and turn off the heat...)

Liberals understand energy requirements are higher in ruraCanada and the North. Our plan recognizes these realities andwill provide specific assistance to rural Canadians and Northerers through an annual Green Rural Credit worth $150 and

boosting the Northern Residents Deduction to a new maximumof $7,000. (We'll throw in some wood and a box of matches.)

In addition to the measures outlined in the Green Shaft, aLiberal government will ease the tax burden on seniors and lowincome families through increases to the GIS, a new monthlyGuaranteed Family Supplement and improvements to theNational Child Benefit Supplement. (Also, free ice cream, free

condoms, bongo drums, fly-swatters, whistles and balloons.)

The Liberal Green Shaft is a fundamental change in the wgovernment operates taking money out of the polluterspockets and putting more money back in yours. (Eh bien mes

amis Quebecois, 'ow do you like your pork?)


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I belieeve da LiberalGreen Shaft is da right

way to get helected. Weweel use da western tax

moneee to buy daeastern votes, no?

We neeeed to mak' reeeel prowgress in da

fight against da climate shange crisis, andat da same time make hour economeeemore competiteeeve.

To do dis, we mak' hour economeee paymore for da fuuuelle, dereby makin' demmore competiteeeve alors.

Stphane Dion, Liberal Leader

What the idiots are saying...Mr. Dion's proposed carbon tax is a good example ofthe kind of policy Canada needs to fight climatechange.

Marlo Raynolds Executive Director, Pembina

Institute of Psychics(and really screw the economy)

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This policy represents a seismic conceptual shift inthe federal tax system, sending the message that theDion Liberals are prepared to re-invest in social andenvironmental policy in a creative way. This is asharp divergence from the Conservative agenda ofmarket-based social policy, and a climate changepolicy designed to expand Canada's dependence onand pollution from the oil industry. In the next

election, finally, voters will have a clear choice tomake.

Janice Harvey Freelance Writer and Director of theConservation Council of Two of New Brunswick(Does freelance mean 'unemployed'? Duhhh?)

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I actually think that the way forward is to have acarbon tax regime such as the Liberals' Green Shaftand then over the long run implement a cap-and-trade system as well (why stop at foreplay? Go

all the way!)As I say, in broad brush strokes, welldone, Mr. Dion.

Stephen Hazell Executive Director, Sierra Club andStargazers Society, Canada

Carbon taxes are not a bad way to go in addressingglobal warmingI think most idiots would befavourable to them. It's about as efficient a way as isout there in deep space.

Doug Porter Deputy Chief Economist, BMO CapitalMarkets(Got any subprime mortgage deals to sell?)

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The idea is sensible. There's a growing consensus todo something about emissions. We need to put aprice on carbon. Until D'Yawn came along, everybodythought emissions were great!

Don Drummond - Chief Economist, TD Group(No, we wrote our subprimes off, how 'bout you?)

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You can sort out politicians (and business people)who are serious about significant GHG reductions byasking a simple question: Who wants to put a priceon carbon and who doesnt? (Like, carbon wasfree? Holy shit! No more free gas? Jesus!)

But the Liberals (and stupid columnists saw thelight) and got the essence of a serious policy right:Tax the behaviour that pollutes, then use (some of)that revenue to reduce personal and corporate taxes.(The rest, you can play with) Bravo to the brave.

Jeffrey (Silly) Simpson - Columnist, Globe and Mail,June 20, 2008(This opinion cost nothing andthat's what it's worth)


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Subscribe me to the L iberal Party e-newsletter and we will floodyou with more crap several times a day because it costs little.

Hon. Stphane DionLeader of the OppositionComing soon to your

Neighborhood!

131 Queen StreetAsylum Floor

Ottawa, ON K1A 0A6

Green Shaft by numbersThe Costs:

The Green Shaft sets a price of $10 per tonne ofcarbon emitted from the burning of fossil fuels in the firstyear, rising to $40 per tonne in the fourth year.

This will have a different impact on various fuels,

usually of just a few pennies (really, really few), and amuch smaller (real small) increase than the flatulationsthe market price has seen recently. (many flatulations)

Diesel fuel, for example, already has a 4-cent-per-litre excise tax, so it will see no increase (hardly any) inprice during the first year of the Green Shaft. By thefourth year, the total additional tax will be 7 cents perlitre much smaller than recent price increases. (A merepittance, hardly worth counting. Let's move on)

Propane increases by 1.5 cents per litre in the firstyear reaching a total additional tax of 6.1 cents in thefourth year. For a typical 20 lb. barbecue tank, this means

an increased cost to fill it of 24 cents in the first year,reaching a total of 95 cents by the fourth. (However, youcan recover this higher cost by using a smaller tank!)

An average household using home heating oil buysabout 1,800 litres per year. The Green Shaft will increasethe cost in the first year by about (a piddling) $50 peryear or $4.20 per month. By year four, the increased costwill be about $203 per year or $16.95 per month. (Canyou believe this? It's less than one latte a week! Hardlyworth the bother. Let's move on...)

Despite the lies and slander spread by the scurrilousTories, there will be no additional tax on gasoline at the

pump (unless the cost of shipping everything goes up, inwhich case the price will rise, but that's not our faultnow, is it?). Gasoline already as a 10-cent-per-litre excisetax, which is equivalent to a carbon tax of $42 per tonne.

The Benefits:The Green Shaft reduces income tax in the lowest

bracket by 10 % in the fourth year. The two middle taxbrackets will also drop by 5 % and 4 % respectively.

In addition to these broad-based tax cuts, a number of

other benefits are directed at those especially impacted bythe Green Shaft (rural and northern residents) and thosewho most need assistance (the cheaper votes; low-income Canadians, families with children, and seniors).Additional measures include:

A new universal child tax benefit worth $350 perchild per year on top of all existing child benefits.This is a refundable credit, meaning its paid tofamilies whether or not they pay income tax. (Toqualify, you must have kids - so get busy!)

Replacing the bad $1,000 Tory employment creditwith a good Liberal $1,850 refundable employmentcredit for those who earn less than $50,000 per year.(Even better would be $3,000, but who's counting?)

Enriching the Working Income Tax Benefit for low-income workers. (This will encourage moreCanadians to work for low incomes).

Making the Disability Tax Credit refundable.

An annual Green Rural Credit worth $150 per taxfiler effective in the first year, and an increase of theNorthern Residents Deduction to $7,000 maximumfrom just over $6,000, and indexing to inflation.

Increasing the Guaranteed Income Supplement

for seniors, introducing a new GuaranteedFamily Supplement for low-income families, andincreasing the number of families eligible for theNational Child Benefit Supplement.

Documents

Green Shaft