Julia Gillard & Bob Brown’s Carbon Tax – Inflicting pain on the Consumer

After reading an article in the Courier Mail this morning, I decided to update mine that I wrote last year on the Future Cost of Living Increases that we would be subjected to under the Carbon Tax. As time has progressed we find that many Countries may be introducing a Carbon Tax at much lower rates, in fact as little as $3 per tonne and because Bob Brown and his Green Party have Julia Gillard by the throat on balance of power we will be again subjected to some of the highest taxes in the world.  In addition, we have gone through 2 years if disasters with Flooding, Fire and Cyclones, and this will result in us, the consumers paying the cost. In addition there are other Taxes like the Mining Tax, which we are told that we will all benefit from, and the Politicians in power say it is for our own good. Coupled to the fact the volume of lies that emanate from these people, no wonder we have become sceptical in anything that they say.

With Carbon Tax at $23 per tonne, we as consumers are going to pay. The people on fixed incomes, pensioners, and welfare recipients, will feel these increases the most. And the government will profit another 10% along the way in GST revenue, again the consumer pays. Even the Unions recognise this want compensation for the increased costs in the future inflicted on us by the Carbon Tax.

There is an old saying that I first read many years ago as a child “There are Three Kinds of lies - Lies, Damned Lies and Statistics”, and the powers that be love quoting their saddened statistics to us all of the time, do I trust them - NO

Despite what the Government paid advisors tell us, our carbon output relates to some 0.000001% of the total of world carbon emissions, a drop in the ocean so why do we need it, unless the whole world does the same. Have a look at the table below

Cost effect of Carbon Tax	Manufacturing & Retailing
Increase in the power bills including the Carbon Tax	20.00%
Manufacturing
Say a manufacturer's electricity cost is 3% of cost of manufacture	0.60%
Manufacturers Margin of addition Cost of Manufacturing	0.21%
Increase in manufacturing costs transferred to the retailer	0.81%
Retailing
Retailer Cost of electricity  are high say 5% they need to recover	0.04%
Plus retailers margin on cost recovery @ 50%	0.02%
GST on Retailers portion  of Electricity expense	0.01%
Total retailers Increased Cost	0.07%
Increase of prices to recover costs paid by the  consumer	0.88%
Add the GST component of the increase	0.09%
Total Increased retail cost for the consumer	0.96%
THE DOLLARS WE HAVE TO PAY
Groceries and Electricity Increases for a Family of 4
Say average grocery Bill for a family is $290.00 per week, Their Grocery Bill over a year will increase by	$145.45
Coupled to their quarterly increase in a electricity Bills over 12 Months @ $350 per quarter per annum	$280.00
Total annual increase just relating to the electricity content of a household budget	$425.45
Petrol
Additional costs for Petrol say 70 litres per week absolute minimum @ 10c per litres increase Plus GST	$7.70
Annual additional cost of fuel	$400.40
Total minimum cost increase for a family per household relating to Groceries, Electricity and Fuel	$825.85
Then we add Annual Government & Other Charges (Estimated)
Rates	$125.00
Water	$250.00
Insurance Premiums	$200.00
Public Transport	$25.00
Registration car	$50.00
Total	$650.00
Total all up of increases	$1,475.85
Per week this amounts to an Increase of	$28.38
And the Government gets GST into the coffers of on top of the Carbon Tax	$2.58