3 ms·
Well, this is what a number of jurisdictions are doing, or have already done. Canada is doing pretty much exactly this - implement $12/ton in 2019, ramp it up g
by martythemaniak 8y ago
Well, this is what a number of jurisdictions are doing, or have already done. Canada is doing pretty much exactly this - implement $12/ton in 2019, ramp it up gradually through the 2020s. 90% of tax revenues are refunded directly back to taxpayers.
The problem of course is... it's a tax. It doesn't matter if it makes sense, if it is revenue neutral etc etc. Someone will just start yelling about elites robbing the people.
I guess you can see how it plays out in Canada. Not only is the tax slated to be imposed this year, but there is a federal election in the fall.