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Post by sandsman1 on May 6, 2010 19:05:13 GMT -5
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Post by parfive on May 6, 2010 23:16:47 GMT -5
For once, Sands, we’re almost, kinda in agreement. ;D
But only because cap and trade will not get the job done. Too many loopholes, too many games for corporations and governments to play. Straight forward carbon tax on all CO2 fuels, increasing over time, is the only thing that will work.
Chuckle time – Bitch about the bottom 50% of slugs in America that "don’t pay any income tax", and then worry about the poor bastards in the petition:
“ . . . and would hit the poor and middleclass, who spend a higher proportion of their income on essentials like electricity and fuel, the hardest.”
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Sabre52
Cave Dweller
Me and my gal, Rosie
Member since August 2005
Posts: 20,487
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Post by Sabre52 on May 7, 2010 12:53:23 GMT -5
*L* I get the irony Rich, but one still has to admit that things like fuel taxes and VAT taxes are considered by economists to be regressive taxes. Watched Bill Maher this week and an economist on his show was touting high fuel taxes as a way of raising money for the government and decreasing fuel use. The big problem is though, we have no mass transit worth spit in this country so working commuters still need gas and the less wealthy are the folks hardest hit by any regressive form of fuel tax. Really rich folks don't care if gas is $10 per gallon or not and are not really bothered by a 17% VAT type tax. Energy taxes are the real double whammy though because all our homes use energy, all we buy must be transported etc. One cannot avoid such tax increases and all transport costs, increased manufacturing energy costs etc, are passed on to the consumer in the form of higher prices for all we buy. Then maybe we'll have a VAT tax on top of the increased prices. Ye haw ain't that just too grand!!!!!!.Mel
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