Posted on 06/06/2007 5:02:35 AM PDT by Sub-Driver
Carbon Tax Inevitable, Analysts Say By Nathan Burchfiel CNSNews.com Staff Writer June 06, 2007
(CNSNews.com) - A tax-based approach to reducing carbon emissions "is going to happen," a panel of economists and tax analysts agreed Tuesday, differing only on whether a carbon tax or a cap-and-trade system would be the best approach.
"This is going to happen anyway so we might as well enjoy it," Eric Toder, a senior fellow at the Urban Institute, said during a discussion at the organization's Washington, D.C., headquarters. "And maybe something good will come of it."
Toder and three other panelists discussed the costs and benefits of the two approaches to reducing emissions of carbon dioxide (CO2), which some scientists believe contributes to global climate change.
The panelists ruled out direct federal government regulation of emissions and tax credits for "doing good things," describing those as "inefficient" ways of addressing the issue.
A cap-and-trade system would place limits on how much CO2 industries may emit, and allow heavy emitters, such as power plants, to trade carbon "credits" with others that emit less.
A carbon tax would simply apply a tax to carbon emissions, creating an incentive to reduce the emissions to avoid the tax.
A carbon tax "gets the incentives right," said Rob Williams, an associate professor of economics at the University of Texas at Austin. He suggested such a tax could raise $100 billion per year in revenue.
Cap-and-trade credits are also "worth a lot of money," argued Terry Dinan, an economist at the Congressional Budget Office. She pointed to the success of sulfur emissions caps in the 1990 Clean Air Act as evidence that the cap-and-trade approach could succeed in reducing CO2 emissions.
(Excerpt) Read more at cnsnews.com ...
And these taxes would be paid to whom? Al Gore wouldn’t have anything to do with this, would he?
Just another Socialist scheme to “redistribute”wealth.The UN is leading the way,that fact should alert everyone.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Insanity at work!
What’s next? Fat Tax? Air breathing Tax? Sun Tax???
Who is behind this insane drumbeat???
A tax-based approach to reducing carbon emissions “is going to happen,” a panel of economists and tax analysts agreed Tuesday, differing only on whether a carbon tax or a cap-and-trade system would be the best approach.
If only we had politicians with the cohones to put these think tank boys in their place.
I should have read on farther before posting. I still don’t trust this at all.
I’m not paying a carbon tax.
Once it has been established that the UN can levy taxes, Katie bar the door, it will be the thin edge of the wedge for future scams to rip off the people of the United States in the name of the Supranational State.
And who's pockets would that ultimately come from you idiot?? Revenue? It's a friggin tax, which means that it will eventually come out of everyone's pockets.
This moron is is an AP of Economics, and we wonder why the colleges are so out of touch with reality.
Yeah: Slower, Darker, Colder.
I know thats what I always say when someone proposes taking over 1 Billion per year of money earned by someone else... it's a new tax ... what's not to enjoy?
Is the Urban Institute related to the Human Fund?
Ah, I see.
A UN funding tool.
No wonder the globalists are so ‘alarmed’ about ‘global warming’.
"When rape is inevitable, you might as well enjoy it," Eric Toder, a senior fellow at the Urban Institute.
Liberals and Greens will not be happy till the US is broke, defenseless and totally t*&s up!
But I threw away all my aerosol cans back in the 80s so I could save the world! What happened?
And we put those catalytic converters in our cars to make it give off CO2 instead of CO, so we could save the world! And then we . . .
Anyone thinking that what Crichton said in Jurassic Park about our ability to destroy the world is a little overblown.
Liberals and Greens will not be happy till the US is broke, defenseless and totally t*&s up!
I wonder if Toder is friends with Clayton Williams of Texas. :)
There ya go,another very unique solution by our marxist countrymen, ANOTHER TAX !!!
Ah, another way to steal from the public. That graft machine is really working overtime.
Time to open the tool drawer and sharpen the lawyers. At the first appearance of a Marxist carbon tax, direct or indirect, a million lawsuits, in all existing courts, need to be filed. The carbon taxers will need to prove:
1) That carbon is a chief element in warming.
2) That man-made carbon is responsible.
3) That “warming” is indeed happening.
I’ll be filing my suit at the first indication of a carbon tax on any bill.
“For liberals, its where the money is.”
- As it turns out, the real money to be made is in carbon credit trading. A number of insider sharks have already sniffed out the fortune to be made by setting up companies whose sole purpose is to act as intermediaries by buying carbon credits and selling them along to countries or companies which need them as offsets - making a nice middle man commission in the process.
Think of it. These companies contribute absolutely nothing and risk nothing. They are simply paper shufflers who move credits around and their success depends entirely on the persons of influence that they can attract to their Board of Directors. Such a system virtually guarantees the use of political influence along with under the table bribes and kick backs to boost the volume of transactions. And, because trades will be between different countries, the ability of legal authorities to trace entire transactions and successfully prosecute offenders will be tied up in international courts forever. It’s going to be a prosecution proof bonanza for those who get in on the ground floor.
If only we had voters with the cojones to put the politicians who enact these policies out of a job.
Where’s the Gipper when we really need him ?
It’s almost as if there were no taxes on oil at all at the moment.
Just add it to the list. No one’s watching our Bottom Line, anyway.
http://www.nmia.com/~bobpace/taxit.htm
Have you ever really thought about how much tax you pay each year?
Assume that you make $50,000 per year and let’s just make a list of the taxes you pay and then you will see how much real money you have to spend. And don’t forget, a manufacturer, the wholesaler, and ultimately the retailer are paying taxes the same as you are plus many that you do not and they are passing them on to you, the consumer:
*
Accounts Receivable Tax
*
Administration to national parks or hike in national forests.
*
Airline ticket tax
*
Automobile tax.
*
Building Permit Tax
*
Business tax if you have a business.
*
Capital Gains Tax
*
CDL license Tax
*
Cigarette Tax
*
Corporate Income Tax
*
Court Fines (indirect taxes)
*
Dog License Tax
*
Electricity tax
*
Federal Income Tax
*
Federal Unemployment Tax (FUTA)
*
Fishing License Tax
*
Food License Tax
*
Fuel permit tax
*
Garbage tax
*
Gasoline Tax (42 cents per gallon)
*
Hunting License Tax
*
Inheritance Tax Interest expense (tax on the money)
*
Income tax.
*
Inspection tax
*
Interest paid
*
Inventory tax IRS Interest Charges (tax on top of tax)
*
Investment tax
*
IRS Penalties (tax on top of tax)
*
Land lease tax
*
Liquor Tax
*
Local Income Tax
*
Luxury Taxes
*
Marriage License Tax
*
Medicare Tax
*
Natural gas tax.
*
Pet license tax
*
Property Tax
*
Real Estate Tax
*
Rent tax
*
Road tax
*
Room tax at motel
*
Septic Permit Tax
*
Service Charge Taxes
*
Social Security Tax
*
Road Usage Taxes (Truckers)
*
Sales Taxes
*
Recreational Vehicle Tax
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Road Toll Booth Taxes
*
School Tax
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State Income Tax
*
State Unemployment Tax (SUTA)
*
Tariffs. Poorer Americans are also taxed heavily for their food. Because of high tariffs, consumers pay dearly for the sugar they put on their breakfast cereal, the concentrated orange juice they drink, peanut butter sandwiches and so on.
*
Telephone federal excise tax
*
Telephone federal universal service fee tax
*
Telephone federal, state and local surcharge taxes
*
Telephone minimum usage surcharge tax
*
Telephone recurring and non recurring charges tax
*
Telephone state and local tax
*
Telephone usage charge tax
*
(Look at your telephone bill sometime.)
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Tobacco tax
*
Toll Bridge Taxes
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Toll Tunnel Taxes
*
Traffic Fines (indirect taxation)
*
Trailer registration tax
*
Utility Taxes
*
Vehicle License Registration Tax
*
Vehicle Sales Tax
*
Water craft registration Tax
*
Water tax
*
Well Permit Tax
*
Workers Compensation Tax
Don’t forget...
4) That the so-called “warming” is actually a bad thing.
A carbon tax would ripple through our economy raising the price of just about everything.... watch for the stock market to tumble once the first one is enacted and recession to follow shortly there after.
You tax evader!
I’ll believe they have got this right when they tax:
1) Cow flatulence
2) Teddy Kennedy’s windbag speeches
“This is going to happen anyway so we might as well enjoy it,”
Says the rapist to his victim.
The costs are easy to discuss. How do you measure the (imaginary) benefits?
Right after they start taxing water vapor emissions?
If a carbon tax is passed, can a breathing tax be far behind?
NWO tax system.
I guess the question is: Is it really inevitable?
What I see...and this may still be five to eight years away (eight if Thompson wins)...is a new Democratic president at some point who simply calls this something other than a tax (a fee or some Scottish law term)...but it will be attached to your electrical bill and to your fuel tax. They won’t dare to take this out of income taxes or property taxes. And the beauty will be that it will be gradual...10 percent the first year...up to 40 percent the third year...60 percent the fifth year and finally 100 percent by the sixth year. A democratically controlled house and senate will push the matter across.
This issue alone...will be the driving force in the next major election after that point...to oust a huge segment of the congress and senate out. Then we will face a massively hostile European group who will be twice as anti-American as they are today (they were stupid enough to sign up and pay all of the carbon taxes).
The sad fact here...is that after you collect a tax...you must pay the revenue to someone. The entire structure is tied up to paying a third world country more money...which they will take in a corrupt fashion and waste as much as possible. This is the really sad fact of the whole thing. There is nothing gained out of this tax....other than taking more money from the wealthy and the poor of America. The European sector are so stupid...they would readily destroy their lives and their children’s lives....without even thinking of the consequences.
Remember to keep breathing while waiting.
I always used to joke that someday they’re gonna tax the oxygen I breath. I guess i was just being a fool, Instead they’re just gonna tax the CO2 that I breath out. Silly me.
This has got to be somewhere between being made to buy the rope for your own hanging and supplying the bricks to pave the road to Hell.
A similar comment sunk the Texas gubernatorial campaign of Clayton Williams back in 1990, and gave us Ann Richards.
(Williams made the remark in the context of a tasteless comparison of Texas weather with rape).
placemark
A new twist on an ooooold saying...
Just taking things away from you on behalf of the common good, which is whatever THEY say it is.
I’m VERY good at holding on to every dime what’s mine and that’s why I constantly harp on others to do the same. Cut off the blood flow (our tax dollars) to the cancerous tumor (our government) and the tumor will shrink. :)
And that’s also why you don’t hear me bitchin’ on these threads. I’d rather get others thinking versus just ranting.
Well, a good rant once in a while IS cathartic, LOL! ;)
These guys are just prostitutes getting paid by the anti-human lobby.
Follow the money.
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