MGSC05H3 Lecture 6: MGSC05 - L06 Gas Guzzler
Document Summary
Reasons for and against the auto industry"s counter proposal. Seems to keep the car market and competition between manufacturers stable. Encouraged fuel efficiency vehicles with the trade in program. Both that and rst & that does not help with pollution. Replace the ggt with an increase in the annual registration in the annual registeration fee: the most polluting vehicle s. Porition of it will go to education program. Least impact on employement & investment: ppl might not be aware. June 1991, continues to support carbon tax instead of ggt. Would have a dampending effect on sales. 100 dealerships and 3000 ppl will be out of business. Miscalculation from the govt they to consider the financial impact on cars. Govt was firm with keeping the ggt prevent future post budget lobbying. Porvincial govt decides to implement an ameded ggt in 1991, $ 75 tax applied to 90 percent of cars sold in ontario. Applying policy in a way that"s fair.
