Big Businesses’ Exaggerated Carbon Tax Numbers

It would seem that big businesses have made exaggerated claims about the scale of impact Labor’s carbon tax on job losses according to a coalition of green groups.

The groups contended that big businesses tend to release blown up figures to the media who proceed to print them without question. Consequently, the groups have recently released a number of briefs where the evidence directly contradicts what the companies have said. A number of these big businesses have argued for certain commodities such as steel to be made exempt from the carbon tax by producing exorbitant figures.

However, the actual level of cost has been shown to be significantly less as the groups findings have revealed. Carbon Tax has been, arguably, used as a scapegoat to mask other problems that have led to the plummeting of profits in big businesses, according to the groups.

It has been suggested that companies are making these overblown claims to the media but not to the stock exchange and is thus beginning to walk a very fine line between misleading the public and business efficacy. 

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