Re:"Taxes that Work" proposal: eliminate income tax for
by TheWama on Wednesday May 21, 2008 @02:15PM
(#196353)
Agree in general, with one note:
> capitalist market responses would be vastly better at "dealing" with it than anything the gubmint could do with carbon tax revenues
Carbon taxes have two sides, the costs and the revenues. The costs do work with and contribute to the capitalist market responses, by making more polluting products more expensive, relative to the less polluting.
On the revenues side, I agree again, but why not use that money for general expenditures? Why not tax the bad things (pollution & other negative externalities) more, and the good things less (sales, income, investment)?
> capitalist market responses would be vastly better at "dealing" with it than anything the gubmint could do with carbon tax revenues
Carbon taxes have two sides, the costs and the revenues. The costs do work with and contribute to the capitalist market responses, by making more polluting products more expensive, relative to the less polluting.
On the revenues side, I agree again, but why not use that money for general expenditures? Why not tax the bad things (pollution & other negative externalities) more, and the good things less (sales, income, investment)?