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Wrong every politician knows massive carbon taxes will be ultimately borne by consumers. What do you think oil gas profit margins are such that they can offset

• throwaway894345 5y ago
  How can you argue this with a straight face? There are already many carbon pricing proposals which factor in a means-tested distribution of dividends, so clearly some politicians understand that it’s workable. > What do you think oil gas profit margins are such that they can offset taxes for anyone making less than 400,000. Lol thats like 98% of the country This is a remarkable misunderstanding of carbon pricing. It’s not limited to domestic oil and gas production, nor are the dividends intended to reimburse 100% of anyone’s tax obligation. The dividends only offset the burden imposed by the tax. Further still, a border adjustment will bring a lot of production back to the US because polluting countries like China will no longer be able to compete as effectively. More importantly, if we don’t pass a climate tax, we’ll have a lot bigger problem than a burden on the consumer.