tag:blogger.com,1999:blog-4900303239154048192.post6341449871916819622..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: The Distributional Consequences of the Carbon Tax from the Climate Leadership CouncilUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4900303239154048192.post-15519589049476434522017-02-14T14:54:02.318-05:002017-02-14T14:54:02.318-05:00Unknown - take a look at table 6 on page 26 of tha...Unknown - take a look at table 6 on page 26 of that report. If this carbon tax replaces the payroll tax, we have a more progressive tax system as the after-tax income of lot of folks rise while it is the very rich who will see a fall in after-tax income. So whatever that assertion was - it is not supported by their research. ProGrowthLiberalhttps://www.blogger.com/profile/17138489390594441753noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-12663737411272518962017-02-14T11:31:28.768-05:002017-02-14T11:31:28.768-05:00It is not clear to me why using carbon tax revenue...It is not clear to me why using carbon tax revenues to reduce the wage taxes now funding the SS-Medicare trust funds would be regressive. How well supported it that assertion?Unknownhttps://www.blogger.com/profile/04661459590343267145noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-42369517813416026702017-02-14T07:40:20.212-05:002017-02-14T07:40:20.212-05:00It would require a really large tax and exorbitant...It would require a really large tax and exorbitantly high gasoline taxes to drive a switch to EVs or even high efficiency ICE vehicles.<br />This is why we have CAFE standards the same as we have appliance standards.<br />The CAFE standards can be enforced by higher gasoline prices, but requirements for percentage of EVs in the fleet or CAFE mileage standards help drive the options available to consumers.<br />jonny bakhoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-48470127566778657122017-02-13T18:03:14.647-05:002017-02-13T18:03:14.647-05:00I would like to know the productivity impact of ca...I would like to know the productivity impact of carbon taxes in the general economy. <br /><br />As it stands right now, the physical work provided by fossil fuel systems (in areas such as construction, maintenance, transport, agriculture) cannot be substituted in an equivalent fashion with low or zero carbon alternatives. Vehicles and equipment cannot run as long or as far or as fast on batteries and the like.<br /><br />So isn't it likely that carbon prices will tend to instill an underlying pressure of stagflation within the economy, with its attendant reductions in real wages and employment? <br /><br />This would not be catastrophic at these pricing levels, but nevertheless, wouldn't the accumulated costs at all levels of supply and value chains, tend to push marginally profitable businesses and land out of productive use? Essentially shrinking the economy at the margins at a time when small and isolated communities are already struggling to maintain viability.Anonymoushttps://www.blogger.com/profile/04359900944888185247noreply@blogger.com