I am very impressed that Larry Summers and his ilk can pretend that a “carbon tax” is something new without actually laughing in our faces. Anyone notice how much “carbon tax” you pay on every gallon of gasoline?
When they say “carbon tax”, what they mean is:
“let’s raise excise tax rates to infinity”;
“let’s expand the list of taxed items infinitely, so we can micromanage every business and control the entire economy”;
“let’s rip the last pennies from the pockets of working and middle class families, so we can redistribute them to our dependency voters”.
US “greenhouse gas” emissions could be cut almost in half by simply encouraging production and use of natural gas, which is cheaper than oil anyway. But why solve a “problem” when it can be used for political purposes?
They don’t deserve our money.......
Theme for the next election..