Posts tagged…Tax
Cap-and-trade to fund Obama’s tax cuts
Thu, Mar 26 2009This seems to be a plan to make the workers pay for the proposed tax cuts for the middle-class.
"The White House planned to finance the tax cuts with revenues from its proposed cap-and-trade scheme to regulate carbon dioxide emissions, but neither the House nor Senate budget committees are planning to include those measures in their legislation.
In his press conference on Tuesday evening, Mr Obama…
Read more…A tangle of carbon taxes
Thu, Mar 19 2009A big storm on the horizon… get ready for it
Border tax adjustments ('carbon tariffs') are inevitable once mandatory carbon taxes or emission caps with market value are applied to production. Now, the Obama administration acknowledges that:
"Mr. Chu, speaking before a House science panel, said establishing a carbon tariff would help 'level the playing field' if other countries haven't imposed…
The evidence on cap-and-trade
Wed, Feb 18 2009"The problem in Australia is not that the wrong policy won in the battle of ideas. The problem is that the battle never took place. We need to have this debate. If the Government is determined to introduce further climate change policy, there are plenty of reasons a carbon tax may be better than a trading system." Op Ed by John Humpreys in The Australian
Exactly!