The idea that the very real environmental costs of EV input extraction somehow mean the net impact is higher than oil extraction and use is extremely funny.https://twitter.com/EnergzdEconomy/status/1395753299958276109 …
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My favorite tax policy idea is a revenue neutral carbon tax that escalates per ton over the years, and entirely offsets payroll taxes. Zero net deficit impact, subsidizes labor at the expense of carbon.
gang for becoming anti-capitalist de-growthers I suppose, impressive ideology shift there.
Agree, though my preferred flavor of this idea is an income tax rebate that only applies to your first 40k in income, steepens the tax curve and also keeps a little more revenue for uncle sam
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The devil on my shoulder says cap and trade would be more fun though because I would have a new widget to sling on the desk
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Payroll taxes are extremely regressive!
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Right, and it's also capped so you basically get the same curve steepener effect but at a higher income threshold (I think the cap is like $140k?) Either way same fundamental mechanics
End of conversation
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