So, the government will tax the 500 biggest industries, who won’t really suffer because they’ll handball it to the consumers. It’s all right though, because of the compo. How much will be left however, after the notoriously wasteful government splurges on renewables, green schemes and more needless bureaucracy?
SIX new federal agencies will be formed to deal with this carbon tax; to monitor emitters, make them pay their carbon taxes, coordinate the wealth redistribution etc. Since labor took government four years ago, the number of public servants in green programs has increased by 20%. This is what our carbon taxes will be paying for.
As Gina Rinehart points out, bureaucracy will be the only industry growing under this carbon tax.