Wednesday, December 12, 2007

Al Gore calls for a global tax on carbon to fund a progressive income tax cut for people

This is cool.

As part of his Nobel acceptance speech, Al Gore said:

And most important of all, we need to put a price on carbon -- with a CO2 tax that is then rebated back to the people, progressively, according to the laws of each nation, in ways that shift the burden of taxation from employment to pollution. This is by far the most effective and simplest way to accelerate solutions to this crisis.

That's absolutely right. We should tax what we don't like -- carbon emissions -- and use the money to fund what we do like -- purchasing power for individuals.

And we should embrace a global government for the purpose of levying, collecting, enforcing and distributing this tax. Without one, it's hard to see how we effectively reduce global pollution that causes climate change.

2 comments:

Extreme Wisdom said...

Dan,

Drive this "Global Government" thing faster and harder.

Doing it slowly will (unfortunately) see it come to pass. Do it fast, and the reaction will likely kill it for a generation or two.

Make no mistake, I like the idea of a carbon tax replacing taxes on income, even if skewed for the lower end of the bracket. Just keep it in the US.

The only 'world government' I'd ever support, OTOH, is one where every person lives under the first 10 Amendments to OUR Constitution.

The idea that I dime of American taxpayer money goes to a Mugabe or a Chavez is an absurd proposition. All US foreign aid should go to either health initiatives (aids) or directly to people (micro loans).

Giving anything to foreign governments is dumping money into a kleptocratic sinkhole.

Please campaign on it.

Dan Johnson-Weinberger said...

Well, most of the carbon is coming from China and India (at least, that's where the carbon will be coming from). If we don't have some sort of enforcement over those two nations, then we'll still deal with a lot of climate change. How about just a global enforcement agency for levying and collecting carbon taxes? And who says the money needs to go to national governments? Why can't it go directly to citizens?