Posted on 08/17/2017 9:36:37 AM PDT by Oldeconomybuyer
With a sweeping overhaul of the tax code on the horizon, two Senate Democrats believe this is the moment to broach the third rail of climate change policy: a carbon tax.
The plan by the senators, Sheldon Whitehouse of Rhode Island and Brian Schatz of Hawaii, to level a $49 per metric ton fee on greenhouse gas emissions is widely acknowledged as a long shot. But the lawmakers, along with climate activists and a cadre of conservative supporters, insist the tax reform is a way to create bipartisan support. The senators propose to use a portion of the estimated $2.1 trillion they anticipate in carbon tax revenue over the first 10 years to reduce the top marginal corporate tax income rate, something the White House has called for.
They also hope to have an ally in President Trump’s economic adviser, Gary D. Cohn, who met in February with a prominent group of Republicans advocating a similar plan.
(Excerpt) Read more at nytimes.com ...
Just think what the left would have in mind for a Constitutional convention.
As I used to tell my Intro to Economics students: “I can end pollution overnight.” When they asked how, I said: “Close every factory, don’t let people heat their homes, don’t let them drive cars, and ban all power tools, and shut down every non-human process.” They would complain: “But how can we live like that?” I pointed out: “You didn’t say you wanted to live. You said you wanted to end pollution. After we all die, there won’t be any.” We would then get into a discussion about alternatives and how much and what type of pollution are we willing to have for a given life style. Snowflakes never get this far in thinking about something.
So they want suckers to pay a carbon tax on energy food and every damn consumer thing to lower corporate taxes???
The vichy GOP are delusional if they think the lower corporate tax part will ever survive the antifa democrats
Bought a bag of charcoal the other day.
Paid 7% sales tax.
Done.
As a carbon based life form I consider a carbon based tax a tax on life; that is we live only at the suffrage of the elites.
OK!! Everybody pay attention!
Lesson for today:
1. The sun is 1,300,000 times as big as the earth.
2. The sun is a giant nuclear furnace that controls the climates of all its planets.
3. The earth is one of the sun’s planets.
4. The earth is a speck in comparison to the size of the sun.
5. Inhabitants of the earth are less than specks.
Study Question: How do less-than-specks in congress plan to control the sun?
The corporate liberal party takes care of themselves on the backs of everyone else as usual.
This is James Baker and his RINO group also.
As a carbon based life form I consider a carbon based tax a tax on life; that is we live only at the suffrage of the elites.
It may not be what it seems. Dems want to tax EVERYTHING, including the air we breath.
While this is only talking about a tax on metric tons, how long will be be before they tax the CO2 we create with every breath?
/semi-sarc
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