Author Topic: Carbon tax to fix the deficit?  (Read 1108 times)

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Offline Her3tiK

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Carbon tax to fix the deficit?
« on: November 16, 2012, 07:50:26 pm »
That's what one editor is saying, at least.
http://www.cnn.com/2012/11/16/opinion/jones-carbon-tax/index.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_topstories+%28RSS%3A+Top+Stories%29&utm_content=Google+Reader
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One analysis by the Congressional Budget Office says a moderate, $20-per-ton tax on carbon emissions could raise $1.25 trillion over 10 years. And the savings don't stop there. For decades, the oil and coal industries have passed along their costs to the rest of us, in the form of asthma treatment, emergency room visits, doctor bills and missed days of school and work. Combined with droughts, wildfires, hurricanes and severe weather events like Superstorm Sandy, rising levels of carbon in the atmosphere cost our nation an estimated $70 billion each year.
That's real money. And unlike cutting Medicare and Social Security, a carbon tax is a political winner. A large and growing super-majority of Americans -- 70% -- believe climate change is a real problem. A Yale University national survey found overwhelming majorities in favor of bold action like a carbon tax. Even the far-right American Enterprise Institute has been willing to talk about the benefits of a carbon tax, and anti-tax activist Grover Norquist has flirted with the idea.
As always, ignore the comments. They're pretty damn stupid.
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Offline Fpqxz

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Re: Carbon tax to fix the deficit?
« Reply #1 on: November 16, 2012, 09:09:22 pm »
It's not a terrible idea, at least from a policy perspective.  But as always, the devil is in the details.  Determining how the tax would be assessed (and on whom) and how the revenue gained would be allocated would be a huge political battle.

I wouldn't mind seeing a carbon tax coupled with a financial transaction tax of some sort, along with the legalization and excise tax of cannabis.  I think those three things together would generate a shit-ton of revenue and probably save us some money as well.
Read some real news:  Allgov.com, JURIST

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Offline Agni

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Re: Carbon tax to fix the deficit?
« Reply #2 on: November 17, 2012, 05:17:36 pm »
Long as they don't make cars illegal, I don't care.

Offline DiscoBerry

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Re: Carbon tax to fix the deficit?
« Reply #3 on: November 18, 2012, 03:30:33 pm »
These corporate polluters such the Kochs et. al. will no doubt spend millions to try and cover up how much carbon they emit way more than the fine will ever be, and not realize the irony of it all.  Gub'mint can't tell the rich what to do.