The Economics of a Carbon Tax

loe.org 17 Nov '12, 9pm

The Economics of a Carbon Tax

ALDY: Well, let’s be clear, though, that person who is working minimum wage, might not be paying income taxes, but that person is paying payroll taxes. One could actually look at using a carbon tax, in part, to reduce the tax on labor, which a lot of economist would say: ‘Hey, that could actually be good for jobs, it would be good for the economy if we reduce the taxes on labor,’ and so, even if you’re not paying income taxes every April, you’re paying with every paycheck; your employer is withholding payroll tax. So there’s a way in which you can actually help out even those individuals by the way you take the carbon tax revenues and bring them back into the economy.

Full article: http://www.loe.org/shows/segments.html?programID=12-P13-0...

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@nancyguberti » 20 Nov '12, 11am
Environmentalists have been talking about a carbon tax for years. [link]
@GenGrn » 20 Nov '12, 1am
Listen: Carbon tax implications on economy - "There are going to be these trade offs" [link]
@HalperinCre8tiv » 19 Nov '12, 3pm
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@DrBobBullard » 18 Nov '12, 3pm
Living on Earth: The Economics of a Carbon Tax [link]
@EarthKnowledge » 18 Nov '12, 12pm
Environment Health News: The economics of a carbon tax.: Environmentalists have been talking about a carbon tax for... [link]
@BlueberryT1 » 17 Nov '12, 11pm
RT @nonnydee: The Economics of a Carbon Tax [link]
@nonnydee » 17 Nov '12, 9pm
The Economics of a Carbon Tax [link]