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Is a tax a regulation in that sense? I’m wary of non-tax responses to climate change for the reasons you suggest, I think they’re easy to game. But with a tax
by graeme 7y ago
Is a tax a regulation in that sense? I’m wary of non-tax responses to climate change for the reasons you suggest, I think they’re easy to game.
But with a tax you can only evade. The income tax still raises revenue and discourages income, even though it can be evaded and often is. I think a carbon tax would similarly raise revenue and discourage carbon, while letting us cut worse taxes like the carbon tax.