Spyke
piefed.ca

I'd like to see this lost revenue offset by a windfall tax on oil & gas companies.

53
  1. Price climbs reflecting global demand
  2. governments cut tax to reduce inflation
  3. People do not adjust habits, gasoline shortage continues
  4. price climbs
  5. government has no levers, and has no gas tax revenue.

Winning!

Better options:

  • immediate work from home for all federal employees and strong guidance for employers/tax breaks for wfh
  • increase funding of public transit expansions
  • land development guidance supporting walkable neighborhoods
  • rebate packages for farmers
39

You are talking as if a banker knows this stuff, wait what he should? Well damn!

11

You're supposed to only lightly nudge the markets. These heavy-handed approaches you propose sound like communism.

/s

7

What do you think there is some evil virus going on, how is big oil supposed to make their money if work from home is offered?

8

What? And reduce the value of corporate real estate? Are you nuts?

2
fedia.io

It's a bad move, even on a temporary short-term basis. In the short run the amount of oil available will be the same, the amount of oil products people want will be the same, and thus the amount of "price rationing" required and therefore the price will be the same, whether the money goes to the federal government or to the oil companies.

23
lemmy.ca

yeah but it takes crosshairs off him so ya know... bandaids for all. you'll just be required to pay extra for those bandaids later since they will jack taxes on everything to recoup the lost income

instead they should increase taxes on the scum destroying canada, like galen westin.. tax his sorry ass so he has to consider selling that fuckin loblaws castle

10

Digging a deeper deficit hole just so the oil and gas companies that will just pad their bottom line by increasing cost anyway for the consumer.

Imagine calculating what that deficit would be in dumping that money into public transit. Increasing service.

16
sbv
sh.itjust.works

What's stopping gas stations from raising prices 10 cents?

10

What's to stop gas stations and their competition from raising the price 20 cents?

2

You reached the end