3 ms·
Do credits have a good track record anywhere? My assumption is that the system will develop leaks and exceptions. Taxes do have a track record of being applied
by graeme 9y ago
Do credits have a good track record anywhere? My assumption is that the system will develop leaks and exceptions.
Taxes do have a track record of being applied successfully.
If regressivensss is a concern, you can either cut another regressive tax, or implement some kind of carbon dividend.
- skosch 9y agoYeah, regressiveness is easily overcome by dividing up the money among the population and giving everyone a constant income tax decrease – that way it's wealth transfer down, not up. In case you haven't heard of it: Citizen's Climate Lobby [1] exists purely to advance this scheme, and is well worth investing your volunteering time into. [1] https://citizensclimatelobby.org/ https://citizensclimatelobby.org/
- graeme 9y agoI should also add that if we don't solve this, we basically destroy the planet for all future generations. "Marginal increase in regressive taxation load in the present" doesn't seem that bad, in that view. Though I do agree it affects the politics of it. Of course, there's also the non-neglible social benefits of lower income taxes.