How could anyone be foolish enough to believe this nonsense?
Liberals believe in this claptrap.
Liberals believe that if you raise taxes by a certain amount, that you end up with that amount of additional revenue in taxes. They don’t or won’t understand that a tax will change people’s behavior.
They also don’t understand how things are related. For example, this carbon tax could cause people to use less energy, which would mean less tax is collected than predicted. Also, consumers paying higher energy bills have less money to spend on other things, so that there is less economic activity in retailing, etc. If new taxes are imposed. But liberals who want a carbon tax to fight global warming don’t understand how these things work.
Unfortunately we have liberals in charge right now.