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PBO report says GST on carbon tax will cost Canadians billions

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Published on 05 Feb 2024 / In News & Politics

A new Parliamentary Budget Officer report indicates that removing the GST paid on the carbon tax could save taxpayers hundreds of millions annually, highlighting the potential savings of $486 million this year and over $1 billion annually by 2030. Canadian Taxpayers Federation Alberta director Kris Sims joined True North’s Andrew Lawton to discuss the potential economic benefits of eliminating the current tax-on-tax system.

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