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The only way to make this work is to put the carbon tax into a fund that the US government has no access to, and to empty the fund every year, writing each Amer
by nostromo 6y ago
The only way to make this work is to put the carbon tax into a fund that the US government has no access to, and to empty the fund every year, writing each American a check.
- kstrauser 6y agoSo, tax cuts. Got it.
- nostromo 6y agoRead the comment again, it’s not a tax cut. It’s a revenue neutral tax increase on carbon, returned to the people who are now paying more for just about everything. Poor people who don't use much carbon will net benefit. The rich who are now paying a bit more to re-fuel their private jets will pay a bit more.
- kstrauser 6y agoThat's literally a tax cut, but appropriately targeted at the not-rich this time.
- thinkcontext 6y agoAgreed. This is the approach favored by Janet Yellen, Biden's Treasury Sec and everyone from the NRDC to Exxon. https://clcouncil.org/ https://clcouncil.org/