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> A carbon emissions tax could be politically viable if it was coupled with an income tax reduction so as to be revenue neutral. That way most people wouldn't b
by brandmeyer 5y ago
> A carbon emissions tax could be politically viable if it was coupled with an income tax reduction so as to be revenue neutral. That way most people wouldn't be worse off.
Even better: Couple the carbon tax to a flat tax credit which is revenue-neutral to the government. Such a tax would be naturally progressive. It also avoids a perverse incentive to keep polluting to maintain the tax base.