3 ms·
> I’m always a bit confused if seemingly otherwise smart people simply don’t understand something so basic Are you surprised, truly? All right, I’ll play along
by zopa 4y ago
> I’m always a bit confused if seemingly otherwise smart people simply don’t understand something so basic
Are you surprised, truly? All right, I’ll play along.
We have a progressive tax system. So the majority of the costs are born by the wealthy and the well-off, rather than the working class. Some of the well-to-do got that way by grit and hard work; others by luck; and at least a few by fraud and worse. They’re the winners of a somewhat-arbitrary game, and I don’t see anything wrong with tweaking the rules in pursuit of a collective good, like wider solar panel deployment.
Meanwhile! We know that most industries have quite dramatic learning-by-doing and returns to scale. And yet in this fallen world transaction costs and imperfect information can prevent new technologies from getting enough scale practice to become economically viable. So temporary subsidies in the early stage have a good chance of bringing costs down for everyone.
I’m very glad to be the first to introduce you to these arguments, if I am. You don’t have to agree: I left my mind-control goggles in my other coat. But please, don’t play dumb.
- kube-system 4y agoSort of. The literal tax bracket for earned income is progressive. But due to lower tax rates for certain other types of income, and the ability for the ultra rich to utilize the tax code to the fullest, the net effect is that the actual overall tax rates are progressive at the bottom end, and regressive at the top end.