Re:1500 Private Jets Fly to Davos for Climate Talks
by evandijk70 on Wednesday January 23, 2019 @06:19AM
(#18977331)
From the grandparent post:
- If you are at the 10th income percentile, you make $11/hr and society now expects 9 hours of labor from each adult in your household a year to pay for energy transition
- If you are at the 90th income percentile, you make $29/hr, society expects you to work 3.4hrs a year to pay for transition.
The bottom 10% earns 38% of what the the top 10% earns, and pays 30% of the cost. A carbon tax is a progressive tax according to these calculations.
- If you are at the 10th income percentile, you make $11/hr and society now expects 9 hours of labor from each adult in your household a year to pay for energy transition
- If you are at the 90th income percentile, you make $29/hr, society expects you to work 3.4hrs a year to pay for transition.
The bottom 10% earns 38% of what the the top 10% earns, and pays 30% of the cost. A carbon tax is a progressive tax according to these calculations.