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> Yeah, I just did it all last winter. Good for you. > What if cutting oil & gas subsidies came with a proportional (averaged) reduction in taxes? You can't
by gridlockd 7y ago
> Yeah, I just did it all last winter.
Good for you.
> What if cutting oil & gas subsidies came with a proportional (averaged) reduction in taxes?
You can't "cut" subsidies, because there are no direct oil and gas subsidies. There are favorable conditions (e.g. lack of taxation) that are sometimes construed as a subsidy and there are externalities (like carbon emissions) that aren't priced in.
You would have to raise taxes in one place (e.g. carbon/gasoline tax) and then lower them in another place (income tax?).
However, I thought the point of the parent was to raise taxes to make less people drive cars. My point is that if you do that, most people will still drive cars, they will simply pay more for it.
- ip26 7y agoA carbon tax plus a carbon dividend to the public (just for example) would leave average drivers paying the same, above average drivers paying more, and everyone incentivized to drive less, or electric.