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
foreign energy
3 - Trade deficit
4 - Pollution from non-
renewable fuels
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! : )
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1 comment:
I've always loved the idea of a carbon tax, but I'm afraid that the consequences would be difficult for those of us who like to travel to see our children and grandchildren (and for other people, too, of course)... airline travel would be exorbidant with the carbon tax added to the cost of a flight. mom
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