The Carbon Tax legislation has been released finally: The draft from the Climate Change Department.
It’s supposed to be a simple tax on every ton of pollution. But nothing is simple when you try to tax a basic element of life. In a true free market you only need a buyer, a seller and a product. The Australian government is running this market from beginning to end: There are 340 pages of unfree rules.
The complexity is a chance to hand out favours to “our friends our fans and our marginal seats”.
How many ways can they crony up the country?
Legal-eagles, and number crunchers, please comment here so we can highlight the points that matter.
In 340 pages there’s zero instances of the terms “global warming”, and “temperature”.
What’s this tax supposed to do??? h/t Pat