Amount Quote by Christy Clark
“hy is it you can impose a new tax and keep your economy growing? Only if you cut other taxes by exactly the same amount. The problem with carbon taxes around the world has been you dump a new tax onto the economy and it's just adding more tax.”
About This Quote
Source Speech: Public Policy Discussion, British Columbia, 2015
Tax policy must balance new levies with equivalent cuts to avoid net burden on growth.
In simple terms: Cutting other taxes offsets a new tax.
Key Takeaway
Balance taxes to sustain growth.
Themes
economics
tax policy
growth
balance
public finance
Mood
cautious
analytical
Type
policy
economic
When to use this quote
- government budgeting
- carbon tax design
- business planning
- public debate
Key Concepts
fiscal neutrality
tax incidence
economic incentives
Questions to Reflect On
- How can policymakers ensure cuts match new taxes?
- What mechanisms guarantee fiscal neutrality?
A Different Perspective
If cuts are insufficient, growth may still stall.
![“To put it in context, the federal government was, at the beginning [of the Vancouver meeting], talking about a $15-per-tonne floor for carbon emissions. We're at $30 a tonne, so we're already double that. But our economy is growing at a faster rate - three per cent of GDP is our projected growth…” quote by Christy Clark](https://sms4smile.com/quotes/img-quotes/84e/christy-clark-24327_british_to-put-it-in-context-the-federal-governm_720204.jpg)
![“I'm not a believer that you should set quotas for these things, because I think what happens is no matter how qualified the woman is who gets the job, people will say she [Hillary Clinton] shouldn't have gotten it. She only got it because she's a woman. That is the problem with quotas.” quote by Christy Clark](https://sms4smile.com/quotes/img-quotes/3a2/christy-clark-24327_believer_i-m-not-a-believer-that-you-should-set-q_1304292.jpg)
