Vernon, BC, Canada / 1075 KISS FM Tom Mark May 16, 2017 10:39 am
Don Quixote Note:
From the tables below you can see that the GST on Carbon Tax in the 2016 fiscal year was $61.7 million on Carbon Tax Revenue of $1,234 million. (I billion, 234 million)
From July 1, 2008 when Carbon Tax was introduced the total Carbon Tax Revenue to end of 2016 Fiscal was $8,538,000,000 (8.538 Billion) and the GST extracted (Tax on a Tax) was $426,900,000. (almost $429 million)
By the end of this fiscal year 2017 the GST shipped off to Ottawa will approach $1/2 billion.