Oddbean new post about login | logout It's crazy to think. In Ontario if you make $20 a hour. 27% of your income is taxed under income tax. When you buy anything there is a 13% sales tax. If you buy cigarettes, alcohol or Cannabis you have to pay duty tax on top of the sales tax. BUT WAIT. You produce carbon? CARBON TAX ... A few weeks ago federal liberal cabinet members stated they are no longer funding roads... Like seriously what the actual fuck!
That is crazy. Do you know what the carbon tax goes to? Paying bureaucrat salaries and buying carbon credits?
Well my understanding of how taxes work. Each year the government makes budget, goes to central bank to get loan for yearly budget. Pays the programs like hospitals, police, "roads" lol then your tax dollars pays off the debt to the central bank. That being said, The government claims it has "green incentives programs" but no one uses them because no one can afford it from my understanding. 😆 I just wanna know how much carbon all the vehicles and missles we gave to Ukraine 🇺🇦 produce 😆
Seems like a money incinerating machine when you put it like that
When you start breaking down everything it's crazy. That's not even factoring in inflation. 😆