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by dennisgorelik 2520 days ago
Tax increase makes people poorer. Poverty kills people.

Most likely effect of carbon tax is that it will kill more people than it will save.

2 comments

This is some South Park Chewbacca defense-level logic.
Taxes move money, they don't destroy it. They make some people richer and some poorer. A carbon tax and dividend scheme (advocated by economists) gives poor people a significant amount of money. The Green New Deal (advocated by left wing democrats) gives poor people a significant amount of money.
Overhead from distributing taxes -- makes people poorer on average.

I see how some taxes (such as gasoline tax for building roads) can have outsized advantages that are bigger than the tax distribution overhead. But carbon tax does NOT have advantages like that. At least not yet, considering that too much of the Earth land is too cold.