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A simple solution could be to cut every man, woman and child a cheque for 1/nth of the carbon tax revenue. The top 50% probably use more than 50% of all the car
by mseebach 10y ago
A simple solution could be to cut every man, woman and child a cheque for 1/nth of the carbon tax revenue. The top 50% probably use more than 50% of all the carbon (but are probably also better positioned to cut their emissions in the short term), so it should be fairly progressive, distribution-wise.
- zaroth 10y agoI'm sorry, but that doesn't actually change anything. You cannot make a tax non-regressive by adding a blanket subsidy. It's like shifting the curve 'mx + b' by increasing 'b'. Everyone gets the subsidy, and then there is still a regressive tax that is targeting the poor. Not to be argumentative, but based on some brief research, the bottom 50th percentile do in fact cover close to 50% of the carbon footprint, and it's the rich, not the poor, who are in a position to cut their emissions by choosing more-expensive/lower-emitting products. In short, these are two most disagreeable sentences.