This result occurs because, in addition to the original
direct damage to the economy from the carbon tax, we now have the indirect damage to the economy from the carbon tax's interaction with pre-existing labor and capital taxes.
Not exact matches
It was a
direct signal
to Canadians that the government was worried about a housing collapse that would
damage the
economy in a similar way
to the US collapse in 2008; something the Bank of Canada is still worried about today.
The first step in redirecting the
economy toward sustainable economic well - being and away from
damaging forms of growth is
to stop taking new steps
directed toward destructive growth.
Sceptics like me would much rather apply our resources
to actions which will have known and
direct benefits
to the environment without
damaging the
economy or placing our country at a competitive disadvantage
to the rest of the world.