britton blog

An American postgraduate studying abroad in Galway, Ireland

The Big Idea: An Energy Tax

via Digg: “So here’s the idea: Create a carbon tax — a tax on energy calculated based on its carbon content — and use the new revenue to provide offsetting cuts in the income tax, the payroll tax, or both. The whole package should be revenue neutral, meaning that it will not increase or decrease the total amount of revenue the government collects.”
This is an interesting proposal that derserves further review. The major unfortunate problem I see is opposition from Big Energy lobbyists.

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