[Newsbot]

Title: Carbon tax won�t harm economy, but climate change will: study
Category: Economics
Posted By: DrCaleb
Date: 2018-07-19 07:11:18
Canadian

[N_Fiddledog]

Groups benefiting from government funding produce study showing taxes that will fund their studies are a good idea.

[CharlesAnthony]

$1:

A Carbon tax is an efficient way to reduce greenhouse gas emissions without slowing down an economy, a comprehensive study found.

Efficient!! There is the magic "fake news" word!

[BartSimpson]

Taxes always have a deleterious effect on an economy. This is illustrated by the economic effects of lowering or eradicating those taxes.

[N_Fiddledog]

[DrCaleb]

BartSimpson BartSimpson:

Taxes always have a deleterious effect on an economy. This is illustrated by the economic effects of lowering or eradicating those taxes.

Like how Kansas cut taxes, now their economy is in the toilet and they have no income to pay for basic services?

$1:

A tax-reform plan from the White House and Republican congressional leaders mirrors the structure of the legislation Kansas passed, and it’s been accompanied by the same confident assurances that it will “pay for itself” with economic growth. “That won’t work, so you better learn our lesson,” warned Kansas state Senator Barbara Bollier, a Republican who voted against the tax cuts originally and then fought to undo them earlier this year.

https://www.theatlantic.com/politics/ar ... as/542532/

[CharlesAnthony]

DrCaleb DrCaleb:

BartSimpson BartSimpson:

Taxes always have a deleterious effect on an economy. This is illustrated by the economic effects of lowering or eradicating those taxes.

Like how Kansas cut taxes, now their economy is in the toilet and they have no income to pay for basic services?

Sure. Whatever.

Go stand on the street corner with a rainbow plackard saying "Carbon Taxes are good!" and let us know how your day goes.

[llama66]

I your doctor aware you're off your meds?

[DrCaleb]

CharlesAnthony CharlesAnthony:

Go stand on the street corner with a rainbow plackard saying "Carbon Taxes are good!" and let us know how your day goes.

There are no 'good' taxes, but governments have few options with how to limit products that are harmful or unwanted. Banning, and taxes are pretty much the sum total. That's how alcohol and tobacco are limited, through tax increases. Carbon pollution is no different, unless you think petroleum products should be banned?

[N_Fiddledog]

DrCaleb DrCaleb:

Carbon pollution is no different,

Except there's no such thing.

[herbie]

Doesn't seem to be harming the economy in BC and the carbon tax has been here for a decade.

[N_Fiddledog]

herbie herbie:

Doesn't seem to be harming the economy in BC and the carbon tax has been here for a decade.

It's small enough right now to be impotent. It's not big enough for most to notice and it accomplishes the sum total of nothing so currently who can be bothered? But every year the push starts to increase it.

[BartSimpson]

DrCaleb DrCaleb:

Like how Kansas cut taxes, now their economy is in the toilet and they have no income to pay for basic services?

Kansas cut their taxes but in doing so they also created some legal loopholes that smart people with savvy tax advisers were quick to exploit.

But their biggest problem was that they cut taxes but didn't cut spending by corresponding amounts.

As to the problem of growth in Kansas not keeping up with other states the state's lawmakers who pose as conservatives have managed to impose a regulatory environment that's just as bad as Illinois but without any of the economic drivers that would sustain a state in spite of that regulatory environment.

Seriously, their needless social restrictions and social regulations are impacting their business climate all the same as if they were needless environmental regulations.

You can't cut taxes promising less government and then turn around and create a social conservative regulatory state just as constraining as a social liberal state.

They deserve to go broke.

[N_Fiddledog]

In BC the GVRD gas tax bugs me more than the Provincial one, personally.

At present anyway.

[Coach85]

DrCaleb DrCaleb:

CharlesAnthony CharlesAnthony:

Go stand on the street corner with a rainbow plackard saying "Carbon Taxes are good!" and let us know how your day goes.

There are no 'good' taxes, but governments have few options with how to limit products that are harmful or unwanted. Banning, and taxes are pretty much the sum total. That's how alcohol and tobacco are limited, through tax increases. Carbon pollution is no different, unless you think petroleum products should be banned?

Carbon is vastly different.

Here's why:

When taxing cigarettes or booze, we know what the effect will be. We know that increasing prices by $X amount will result in X% reduction in usage and $X amount reduction in health care costs, longer life span, etc.

When we price carbon, we know that it forces companies to reduce their output or buy more credits to maintain, but the effect of the reduction in carbon isn't known. We cannot say that reduction of carbon by X amount will result in a specific outcome.

Multi-billion dollar programs should have an outcome and a goal. Moving money around with the hope that something might happen or change isn't a great idea.