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A Simple Climate Tax Scheme
iThe following guest post is by Bob Findlay, a self-employed open source software engineer who lives on a small farm just outside Toronto.
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On 07 Apr 26 an Oil Drum blogger named Squalish (http://www.theoildrum.com/node/2499) wrote a response to a debate about government’s role in climate change policy. In that piece Squalish described an idea whereby all CO2 taxes would be pooled into a separate fund and “rebated annually in an equal amount to every US taxpayer”.
This got me thinking. What a clever idea but why not bypass the government coffers entirely?
Here is how a simple scheme might work as illustrated by the story of Joe Average and Jane Median.
Joe and Jane live in different jurisdictions. Both use 1000 liters (250 US gal) of gasoline per year, which coincidentally happens to be the average for all drivers in their areas. Both Joe and Jane pay $1 [...]
Original post by miscellaneous