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Old Posted Sep 21, 2019, 5:55 PM
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Quote:
Originally Posted by Sun Belt View Post

Buy hey, a carbon tax will reverse 18,000 years of warming. [Where does that carbon tax money go?]. Here's an idea, if carbon taxes are the solution, why does somebody receive that money and what are they going to do with that money? They'll probably spend it, gets recirculated in the system for people to use to buy stuff that creates more carbon in the atmosphere.

Why don't we tax people and then throw that money dig a giant hole and bury it? Shrink the money supply, instead of taking it from someone to then give it back to someone, so that they can then give it back to somebody else. That'll cool the Earth. Less money, less warming.

LOL.
It sounds like you have no idea how a carbon tax works. Instead of bringing up irrelevant geological history like land bridges to Asia and senselessly LOL-ing, maybe spend 15 minutes of your time educating yourself on the details of a carbon tax.

In quick summary for you, most producers are able avoid paying the tax via utilizing more energy efficient technologies. The tax main purpose is to dissuade the unnecessary use of fossil fuels. Tax money that is collected goes to fund small biz tax breaks and incentives/rebates to homeowners, and investment into energy technology research. So, even producers who pay the tax most likely receive the benefits back anyway. Only the largest emitters end up paying (and ALL studies on the issue show that they can more than easily afford it). There’s a reason conservatives favor it over other methods, like cap and trade, because it’s more effective, the tax is a tax in name only, and it actually functions as a market mechanism, rather than a hard and fast regulation.