5 ms·
Citation? I would bet as a percentage of income the rich do not spend as much on carbon generating stuff. Most taxes on consumption are regressive unless they a
by throwaway1777 7y ago
Citation? I would bet as a percentage of income the rich do not spend as much on carbon generating stuff. Most taxes on consumption are regressive unless they are on luxuries that the poor can’t afford.
- ZeroGravitas 7y agohttps://medium.com/@dolanecon/would-a-carbon-tax-really-hurt-the-poor-a1b0d7c019cf https://medium.com/@dolanecon/would-a-carbon-tax-really-hurt... I think the basic intuition is that to make luxury product X involves lots of poor people using carbon. If you only count the direct expenditures then it looks worse for poor people, if you trace each purchase back to its carbon then it affects the people who buy lots of stuff.
- reitzensteinm 7y agoThis link does not support the claim that carbon taxes are progressive.