Ding Dong, the witch is dead....

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raginduck said:
I never paid much attention to the carbon tax.. and rebates. I always thought it didn't really apply to me.. I got a rebate on Friday.. 175K.. for a business that pays little to nothing into the carbon tax.
My initial response when I saw the rebate.. WTF.. has to be a mistake..why would hey give us anything? Must be an error.. but no, just another untended consequence of not thinking things thru properly... creating a loophole of sorts. My business... that business,.. doesn't deserve any rebate. It's ridiculous that we got it.
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$175,000 ?
 
raginduck said:
I never paid much attention to the carbon tax.. and rebates. I always thought it didn't really apply to me.. I got a rebate on Friday.. 175K.. for a business that pays little to nothing into the carbon tax.
My initial response when I saw the rebate.. WTF.. has to be a mistake..why would hey give us anything? Must be an error.. but no, just another untended consequence of not thinking things thru properly... creating a loophole of sorts. My business... that business,.. doesn't deserve any rebate. It's ridiculous that we got it.
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Insert GoFundMe for @mimico_polak wagon.
 
raginduck said:
I never paid much attention to the carbon tax.. and rebates. I always thought it didn't really apply to me.. I got a rebate on Friday.. 175K.. for a business that pays little to nothing into the carbon tax.
My initial response when I saw the rebate.. WTF.. has to be a mistake..why would hey give us anything? Must be an error.. but no, just another untended consequence of not thinking things thru properly... creating a loophole of sorts. My business... that business,.. doesn't deserve any rebate. It's ridiculous that we got it.
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175k!? And here I am waiting for my $250 (or something) cheque in anticipation.

May I ask what type of business?
 
mimico_polak said:
175k!? And here I am waiting for my $250 (or something) cheque in anticipation.

May I ask what type of business?
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Rebates were correlated with the number of T4's. Lots of employees equals bigger rebate. Don't try to understand how that is a good metric to "reimburse" businesses for their carbon tax paid. I doubt it will see the light but wouldn't be surprised if friends of the libs spun up many companies with 499 employees (even if they were each paid only a token amount) to generate enormous rebates. Think $10 to do this task (answer a pollster that libs are our saviours?), here's a T4. Each employee generates a "rebate" of +/- $146. Table below with rates.

Screenshot-2025-01-06-135528.png


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There is explicitely no differentiation between full-time, part time or seasonal employees. Say you "employed" people in saskatchewan. Each 499 employee corporation gets a rebate of $576,345 if they were employed each year. You could pay the employees a total of 37K ($15 a year). Accounting costs for managing/filing maybe 25K. A bit of management time to wash the employees through each year. Profit of ~$500K per corp in rebate alone. Spin up a dozen corps and he hands you profit of $6M of our money. The trick is knowing early how permissive and stupid the program will be.
 
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Why do they tax the tax? Adding tax to the bottom line hurts enough. But when they put gst on the already tax burns a bit
 
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