this post was submitted on 27 Feb 2024
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With Carbon tax only the rich win, we need carbon credits
No it’s really really easily to implement taxation that’s not regressive.
How comes I never saw that implemented, then? Progressive taxation stops "progressing" at around the 100k threshold and that's basically just a decent salary. The Rich are never really affected by it.
Carbon credits would be a way to level the ground in some situations and could give you a right to say NO to people consuming more than their share, or at least account for externalities and get paid if you allow them to use your "quota".
A progressive tax that means the biggest users pay the most would probably be ideal (but then that's mostly true in every situation)
Why is it not that way already?
Because it would affect rich folks more, so they spend some money now to convince lawmakers not to charge them more later.
So it's not so easy to implement after all
Did I say easy? I think I said ideal.