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Where does the carbon tax money go?

Updated: 9/22/2023
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10y ago

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In Australia the money is used to compensate consumers for rising prices. This is done by a regular payment.

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10y ago
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Q: Where does the carbon tax money go?
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Related questions

Where does your money go when you buy it?

Tax, Wages, sundry expence, tax, Japan, China and tax.


Does tax money go into traffic cameas?

No


Where does the tax money go?

somewhere "OVER THE RAINBOW"


Where does the sales tax money go?

My Back Pocket.


Where does the import tax money go?

congress congress


Does income tax money go to the federal reserve?

Not all income tax goes to the Federal reserve but all money that goes to the Federal reserve comes from income tax.


How will the carbon tax affect Australia?

The carbon tax in Australia will be paid by the big polluters, the industries that emit large amounts of carbon dioxide. The aim of the carbon tax is not to get money; it is to encourage industries to clean up their work practices and factories so as to reduce carbon dioxide emissions. Any reduction will slow the rate of global warming. Some prices may rise within an allowable limit, that is monitored, so any company overcharging will be prosecuted. The money collected is being used to compensate consumers for this rise in prices.


When was No Carbon Tax Climate Sceptics created?

No Carbon Tax Climate Sceptics was created in 2009.


What does a carbon cap system do?

A carbon cap is the alternative to a carbon tax.


Where does the money from tax go?

It depends on the locality. In many U.S. states, some of the money goes to education.


Where does your tax money go?

It goes to the government, police stations, or fire departments.


Can the government go bankrupt?

no because tax and it can lend money from other countries