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Excise taxation is not the same thing as price setting, though. If you want a good explanation for what excise taxation's about, albeit one that uses stodgy, o
by mumblemumble 5y ago
Excise taxation is not the same thing as price setting, though.
If you want a good explanation for what excise taxation's about, albeit one that uses stodgy, old-fashioned language, you need look no further than Adam Smith's writings on the subject in The Wealth of Nations.
- willcipriano 5y agoIf the intention is to implement a carbon tax, I see no way of doing so without some relatively accurate measure of carbon output. Without that you are taxing not carbon but instead something else.
- nradov 5y agoSensible carbon tax proposals are generally based on extraction, not consumption. There are only a limited number of companies mining coal and drilling oil. Those can be measured fairly easily.
- willcipriano 5y agoThe simplifies the problem technically and complicates it politically, at least in the US. Those hardest hit by a tax implemented that way are friendly with the elite of the US, so much so we have been at war with their enemies for decades.