Small numbers of troops from European countries — including Denmark, France, Germany, Sweden, Norway and Britain — are being deployed to the Arctic island.
Was a pipe dream to think Carney would stand up to the orange menace.
As someone who lives in WA state, people have been trying to get income tax implemented here for a while now, but it’s against the state constitution. It has nothing to do with refineries.
People want income tax here because the current sales tax system misproportions tax on only what people spend. This means lower income earners foot more of the tax bill, as they spent most / all of their income just to live. Higher income earners might spend more in general but they also invest that extra income, which eventually will have capital gains tax (but only on the gains) but will never be hit by sales tax until it’s spent.
In 2018 the total output value of the refineries in WA state was 19 billion USD. In 2019 it dropped to 18 billion. I assume price fluctuations in the market.
That makes the WA refineries output about 3.4% of WAs GDP in 2018. It’s not nothing but it also isn’t really that much. Considering the boom in the technology sector it’s probably much less of the GDP these days.
I’m originally from Alberta and I do think Canada should have it’s own refineries but don’t try to press that WAs economy is make it or break it because of these refineries.
There are those people - deranged from a lack of coastline and mountains - who would slag Carney no matter what he did here.
Ah, the same people that dont know that Canada lost five refineries(at least!) When Conservative Mulroney signed NAFTA.
And now, Washington state has no income tax because of that, because they gained said refineries.
As someone who lives in WA state, people have been trying to get income tax implemented here for a while now, but it’s against the state constitution. It has nothing to do with refineries.
People want income tax here because the current sales tax system misproportions tax on only what people spend. This means lower income earners foot more of the tax bill, as they spent most / all of their income just to live. Higher income earners might spend more in general but they also invest that extra income, which eventually will have capital gains tax (but only on the gains) but will never be hit by sales tax until it’s spent.
Your state benefits tremendously from the refineries that were located in Vancouver that moved to WA.
We should criminalize the export of oil to your state.
It was hard to get some real numbers of refineries but maybe I’m just not using good search terminology since I’m on my phone.
This paper has an appendix on page 18 that talks real numbers. https://researchcouncil.org/wp-content/uploads/2021-Refinery-Report-Final.pdf
In 2018 the total output value of the refineries in WA state was 19 billion USD. In 2019 it dropped to 18 billion. I assume price fluctuations in the market.
Per https://usafacts.org/answers/what-is-the-gross-domestic-product-gdp/state/washington-state/ in 2018 the GDP of WA was 562 billion.
That makes the WA refineries output about 3.4% of WAs GDP in 2018. It’s not nothing but it also isn’t really that much. Considering the boom in the technology sector it’s probably much less of the GDP these days.
I’m originally from Alberta and I do think Canada should have it’s own refineries but don’t try to press that WAs economy is make it or break it because of these refineries.