tag:blogger.com,1999:blog-4900303239154048192.post2018562948233677875..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Some Frank Talk About Carbon TaxesUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4900303239154048192.post-28745971459172877572012-09-04T02:05:53.449-04:002012-09-04T02:05:53.449-04:00What about "cap and dividend" plans, (e....What about "cap and dividend" plans, (<a href="http://www.peri.umass.edu/fileadmin/pdf/working_papers/working_papers_101-150/WP150.pdf" rel="nofollow">e.g.</a>) where proceeds from auctioned, strictly limited permits for carbon import or production are distributed evenly (or progressively) on a per capita basis? This might, as <a href="http://newsrackblog.com/2009/07/18/the-greening-of-van-hollen/" rel="nofollow">I understand it</a>, cushion lower-income recipients from some of the price increases. Thomashttps://www.blogger.com/profile/08458361988917811233noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-36674856537115128142012-08-26T16:21:08.242-04:002012-08-26T16:21:08.242-04:00"Using carbon revenues to reduce income taxes..."Using carbon revenues to reduce income taxes is a terrible idea that hammers low and middle income people. A price on carbon functions like a consumption tax and is regressive. Using it to offset even mildly progressive income taxes is just one more way to bring about upward redistribution." Which likley is why Greg Mankiw likes the carbon tax version so much.ProGrowthLiberalhttps://www.blogger.com/profile/17138489390594441753noreply@blogger.com