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by nostromo
2499 days ago
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> Cutting off the $650B in fossil fuel subsidies over the course of 15 years pay for a little over half of the plan. That's not how subsidies work. "Subsidies" here are just lower tax rates for R&D spending. If those tax breaks go away, so do most of the energy projects associated with them. The taxable income would shrink, and you'd have less money, not more. |
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