Posted on 11/26/2018 2:51:49 PM PST by E. Pluribus Unum
In France all hell is breaking loose. Parisians, who live in the city of the climate accords that were supposed to save us all, are rioting. More than a quarter million protesters have taken to the streets to revolt against a rising fuel tax amid France's already exorbitant taxes.
Nearly half of France's gross domestic product is already eaten up by taxation. You might think that that frog has already been boiled, yet this environmentally inspired carbon tax proves otherwise. It is the straw that broke the camel's back.
Police deployed over 5,000 tear gas grenades and water cannons against the protesters, who donned yellow jackets for the second weekend in a row.
As a recently released report from the U.S. government demonstrates, climate change does not only have the capacity to destroy the planet in the long term but also to wreck our economy. It's a pressing and significant issue that both the country and the world will have to grapple with before it becomes catastrophic.
But the scenes of France on fire are good reminders that attempts to drive down energy use or drive up its cost tend to suffer from a lack of consent from the governed.
The best economic argument for a carbon tax is that the market price of goods and services resulting in carbon emissions fail to include the true social and environmental costs of carbon emissions. Carbon taxes can result in significant deadweight losses, but a good politician would mostly lean on the economics of a carbon tax to sell it to the people.
Or you might argue, as French President Emmanuel Macron does, that one should prefer the taxation of fuel over the taxation of labor, even though the former is regressive and affects the poor more than the rich.
(Excerpt) Read more at washingtonexaminer.com ...
Yep. For heavens sake! Why can’t you understand they need the tax money.
Our state had a “raise the gas tax” initiative on the ballot. The governor was on TV pleading about toxic air due to emissions...BUT we do not actually have toxic air, not much industry, far fewer people than CA,
Actually the gas tax would go toward supporting illegal immigrants flooding the place since he declared it a sanctuary state.
Fortunately, it was resoundingly voted down.
I’m confused....Macron can raise taxes on his own accord ? WOW
Wil the French bring back the Commitee for Public Safety?
It's worse. It's the middle class.
Wait until the wine and cheese rationing hits.
“The Ruling Class simply can’t have the Peasants roam around the country however they please, whenever they please.”
Several years ago I was listening to a CSPAN recording and a senator said, “We simply can’t allow every American to have an air conditioner.” I live in Florida in a mobile home. I own several mobile homes that I rent. You can’t live in a mobile home without an air conditioner. It’s like living in a toaster oven. I was very angry as I’ll bet this pompous ass has never worked a day in his life.
The thing that juiced the American economy from the 1940’s on was how cheap energy was. The cheaper energy is, the faster GDP grows. Make gas a dollar a gallon and watch the economy explode.
The citizens of rural France are harmed by these fuel tax increases, not the elites or the globalists. Sad.
Haha seems like Macron’s words and actions have struck a chord with the French middle class. How’s that for patriotism you little dweeb. Seems like all hailing the greater good of New World Order and dealing with climate change isn’t as important to the French bourgeoisie as one may have thought given the way they voted. Not when it’s their money your taking.
This is interesting....
...5,000 tear gas grenades...
This whole hubbub is because of a handful of “ultra-right-wingers” stirring the pot.
Or so I’ve heard...
When the "best economic argument" for something isn't an economic argument, you are doing something wrong...
The Left wants the rest of America to cease exhaling CO2.
In fact, if they truly believe this BS, they should volunteer themselves to stop producing CO2. Lead the way progressives.
Scientist rip new federal climate report as ‘tripe’- ‘embarrassing’-’systematically flawed’-Key claim supported by study funded by Steyer & Bloomberg.
Don’t they realize that this was how the Revolution started? Aux armes, citoyens!
“As a recently released report from the U.S. government demonstrates, climate change does not only have the capacity to destroy the planet in the long term but also to wreck our economy. It’s a pressing and significant issue that both the country and the world will have to grapple with before it becomes catastrophic.”
Total Deep State Fake Science. Amazing that not one so-called News entity will question this load of shit.
“Sire! The peasants are revolting!”
“Yes, they stick on iceI”
The urban elites won’t be eating much cake when the peasants stop paying carbon taxes to grow it and transport it.
Fixed.
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