One of my friends has started a blog called "Solve 4 Biggies"
He proposes to solve the following four problems by a phased-in tax shift from income to energy (less income tax...more energy tax):
1 - Global warming
2 - Dependence on
3 - Trade deficit
4 - Pollution from non-
We disagree on #3. I remain steadfast to my belief that free trade makes the world a better place. (We just need to re-distribute some of the gains, that's all.)
My favorite post so far was called "Stop the Madness"
It's worth reading.
And this one scares me.
Personally, I've always had a fondness for Pigovian taxes. So I think it's a great idea.
I've read articles in the Wall Street Journal and the Economist arguing for a carbon tax. I have to admit that I haven't heard candidates from either party discussing such a thing. Is any discussion of "taxes" taboo during a primary season? Or am I just missing relevant debates?
Regardless, go read "Solve 4 Biggies" - you won't be sorry. He doesn't have an RSS feed yet...but I'm working on that! : )