Thursday, July 29, 2021
Home Middle Column Bloomberg News editors explain: 'How to Sell a Carbon Tax' - 'Here's...

Bloomberg News editors explain: ‘How to Sell a Carbon Tax’ – ‘Here’s how to frame it: Dedicate all the revenue, not just some, to cutting other taxes’

-

That would be enough to send every U.S. resident a check for about $300 in the first year (with bigger checks to follow) or $1,200 for a family of four. It would be more than enough to cut the corporate tax rate to 28 percent from 35 percent, for instance, or take a bite out of payroll taxes, or some of both.

This would inevitably lead to an argument over which taxes to cut. At which point, admittedly, the debate could bog down all over again. But at least it would be framed by a shared assumption: that a carbon tax is good policy. It gets liberals a more effective climate policy, and Republicans a less intrusive government.

- Advertisment -

Related Articles

Another Crowd Sourcing Request

We'd have another article up on EverythingClimate.org which could use some additional vetting.

Life Expectancy: a Follow-up

Bottom Line: In the United States, infant and child mortality have decreased and people, in general, are living longer lives. The upper...

California Importing More Foreign Oil… Because Climate Change!

Guest “Too fracking funny!” by David Middleton CAUSE AND EFFECT: FOREIGN OIL IMPORTS CONTINUE TO GROW AS CALIFORNIA DENIES NEW FRACKING PERMITSBY William Allison...