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OT: Plebiscite 21-Jun-2011 At 6:57:43 PM evanbb

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On 21/06/2011 ClimbingNT wrote:
>I think its crazy that they can have a carbon tax, and then the money collected
>used for things like welfare.
>
>Shouldnt carbon tax money be put towards a more eco-friendly industry,
>or renewable energy, more solar in Central Australia, etc?
It's not intended to be welfare as such, but compensation for the poor who will be disproportionately targeted becaue energy costs are a higher percentage of their income.

The tax gathers money from the generators at the wholesale level to change the bidding order into the NEM. This money is then redistributed to the people who have higher electricity bills. There is likely to be mone left over because I don't think they'll compensate businesses.

>Maybe not all of it, but some of it.

The 'other stuff' you decribe is often called Complementary Measures. Most people argue that there need to be some in conjunction with a tax.
>
>I am sure the next tax will be on other items that people need....like
>a water tax - oh wait a minute...