3 ms·
Yeah - I know this is how it has been proposed in the US, it is absurd and corrupt to hand out credits for free.. but I think cap and trade would be great if it
by schwabacher 12y ago
Yeah - I know this is how it has been proposed in the US, it is absurd and corrupt to hand out credits for free.. but I think cap and trade would be great if it were implemented by setting a cap that shrinks over time, and then auctioning tradable permits to emit. The revenues from these auctions could be used to cut income tax to make up for the increase in prices to consumers.
- icebraining 12y agoit is absurd and corrupt to hand out credits for free Why? The revenues from these auctions could be used to cut income tax to make up for the increase in prices to consumers. The income tax is progressive (affects the rich more than the poor), while a tax that raises prices isn't. Why do you favor a regressive tax policy?
- deleted 12y ago[deleted]