Monday, September 17, 2007
Once again on the carbon use tax by a Harvard economist
NYT Author makes an interesting point, that the sum of all tax receipts wouldn't change. It's just that they would be shifted around. So there would be a new carbon use tax, but it would be compensated by less income tax on individuals and businesses. Those businesses and individuals generating a lot of carbon dioxide -- basically big energy consumers -- would pay up the nose. But okay, it could be phased in gradually so that people with those high consumption rates could plan to become more efficient.
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