Forum

 
  Back to OzPolitic.com   Welcome, Guest. Please Login or Register
  Forum Home Album HelpSearch Recent Rules LoginRegister  
 

Page Index Toggle Pages: 1
Send Topic Print
the CPRS is a tax (Read 36489 times)
freediver
Gold Member
*****
Offline


www.ozpolitic.com

Posts: 47043
At my desk.
the CPRS is a tax
Jul 2nd, 2009 at 7:36pm
 
I have heard Rudd's Carbon Pollution Reduction Scheme (CPRS) referred to as a carbon tax with an elaborate tax evasion scheme attached. Basically, it is a tax because the price of emissions is capped. If the target is exceeded, you can just buy the permits from the government. I think it is taxed at $20 per ton, which works out to about 5c per litre for petrol - hardly enough to force people into making significant cuts, though it may have more impact on electricity. The trading scheme only comes into play as a way to pay less than the tax, (or capped price) but given that the cap is so low the traded price is likely to reach the cap anyway.
Back to top
 

I identify as Mail because all I do is SendIT!
WWW  
IP Logged
 
tallowood
Gold Member
*****
Offline


Australian Politics

Posts: 4230
Re: the CPRS is a tax
Reply #1 - Jul 2nd, 2009 at 11:19pm
 
3 things are certainly beyond any reasonable doubt about humans.

1 They get born
2 They get taxed
3 They die

Everything else is debatable.
Back to top
 

Reality is a figment of imagination
 
IP Logged
 
Happy
Gold Member
*****
Offline


Australian Politics

Posts: 559
Re: the CPRS is a tax
Reply #2 - Jul 3rd, 2009 at 12:56pm
 
Electricity charges up 20% - supposedly some funds will go toward renewables,
Water charges up to go toward desalination.
Gas up, not sure why, maybe to cut CO2 emission

So our Global issue starts to cost NSW already, more to come for sure.
Back to top
 
 
IP Logged
 
tallowood
Gold Member
*****
Offline


Australian Politics

Posts: 4230
Re: the CPRS is a tax
Reply #3 - Jul 3rd, 2009 at 8:18pm
 
Happy wrote on Jul 3rd, 2009 at 12:56pm:
Electricity charges up 20% - supposedly some funds will go toward renewables,
Water charges up to go toward desalination.
Gas up, not sure why, maybe to cut CO2 emission

So our Global issue starts to cost NSW already, more to come for sure.



To save on electricity and gas bill I cut more trees for firewood. Of course politicians will be pissed off about loss of revenue but I'm sure they can manage their wage increase no matter what.

Back to top
 

Reality is a figment of imagination
 
IP Logged
 
Senexx
Full Member
***
Offline


Australian Politics

Posts: 101
Australia
Re: the CPRS is a tax
Reply #4 - Dec 20th, 2009 at 7:56pm
 
The CPRS is not a tax.  As I have said in the Environment forum, it appears to be a tax because it will push up the price of consumer goods.

It is not a tax but it is like a tax.
Back to top
 
 
IP Logged
 
freediver
Gold Member
*****
Offline


www.ozpolitic.com

Posts: 47043
At my desk.
Re: the CPRS is a tax
Reply #5 - Dec 23rd, 2009 at 8:43pm
 
So why is it not a tax?
Back to top
 

I identify as Mail because all I do is SendIT!
WWW  
IP Logged
 
Senexx
Full Member
***
Offline


Australian Politics

Posts: 101
Australia
Re: the CPRS is a tax
Reply #6 - Jan 3rd, 2010 at 10:29am
 
Using what I perceive to be the public's understanding of a tax (not the way I would define it)

The purpose of a tax is to raise revenue to be then redistributed for use in any number of ways ranging from defence, education , social welfare, etc.

The CPRS will not raise any revenue (because all income from the permits will be paid out as compensation under the scheme)
Therefore, the CPRS is not a tax.
Back to top
 
 
IP Logged
 
freediver
Gold Member
*****
Offline


www.ozpolitic.com

Posts: 47043
At my desk.
Re: the CPRS is a tax
Reply #7 - Jan 3rd, 2010 at 2:12pm
 
It will be paid out to different people, like welfare.
Back to top
 

I identify as Mail because all I do is SendIT!
WWW  
IP Logged
 
mozzaok
Gold Member
*****
Offline


OzPolitic

Posts: 6741
Melbourne
Gender: male
Re: the CPRS is a tax
Reply #8 - Jan 4th, 2010 at 9:35am
 
Do you favour any system in particular to try and promote the reduction of carbon emmissions FD?
Back to top
 

OOPS!!! My Karma, ran over your Dogma!
 
IP Logged
 
freediver
Gold Member
*****
Offline


www.ozpolitic.com

Posts: 47043
At my desk.
Re: the CPRS is a tax
Reply #9 - Jan 4th, 2010 at 7:13pm
 
I prefer taxes, provided they are revenue neutral.

http://www.ozpolitic.com/green-tax-shift/green-tax-shift.html
Back to top
 

I identify as Mail because all I do is SendIT!
WWW  
IP Logged
 
phantomlady
Full Member
***
Offline


Australian Politics

Posts: 141
Gender: female
Re: the CPRS is a tax
Reply #10 - Jul 9th, 2010 at 9:05pm
 
Is this still relevant or not?
It's still on the front page.    Undecided

Just wondering.
Back to top
 
 
IP Logged
 
Page Index Toggle Pages: 1
Send Topic Print