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That's why basically every carbon tax scheme ever proposed involves remitting the revenue back to people on a per capita basis.
by bhickey 8y ago
That's why basically every carbon tax scheme ever proposed involves remitting the revenue back to people on a per capita basis.
- jedberg 8y agoRemitting on a per capita basis doesn't change the regressive nature. You can only fix the regressive nature if you return it based on income. And even then, the poorest people don't have the float necessary to pay for the bill now and get a tax refund later.
- bhickey 8y agoThere seems to be some confusion. Wealthy people typically have a larger carbon footprint than those who aren't well off. Think flights, buying a car more frequently, etc. If everyone has the same carbon footprint, the tax is strictly neutral. If people have different footprints, money flows from polluters to non-polluters.
- Dylan16807 8y agoThe tax not being regressive was already addressed, so I'll note that there's no need for float. The remit can be built into the energy bill.