Listening to Aunty ABC on the way to work and they had an item on the Carbon Tax Credits. the concern is that farmers will lease their land (for a minimum of 100 years) to big companies needing to gain credits by planting trees which sounds good on paper, however if the farmers aren't planting grain or raising livestock for food the primary products are reduced are we pay a lot more for what is produced.
They finally figured out a way to tax the air we breathe, what's left to tax, sunlight maybe?
It is not the increase in the price of everything by application of a broad based tax that is the issue here. They could do that just by raising the GST rate.
The issue is how the tax will be applied. It will be applied in such a way that it will override decisions of elected governments and trample national sovereignty into the dust.
As Dinsdale said transnational.
