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Memo to Elizabeth May—B.C.’s carbon tax was not revenue neutral

Yesterday in the House of Commons, our recent study documenting how B.C.’s carbon tax was and is not actually revenue neutral, received considerable attention.Unfortunately, some of the statements made by members of parliament—particularly those from Green Party leader Elizabeth May—are simply false.For starters, May (pictured above) disputes the main finding of our study and instead claims that the B.C. government “is giving more tax cuts than it is getting in [carbon tax] revenue”.This couldn’t be further from the truth.For the carbon tax to truly be revenue neutral, the revenue generated from the tax must be completely offset with new reductions

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