First off, you’d think the Wall Street Journal would know how bad carbon taxes are
A Carbon Tax Lets Markets Lead the Fight Against Climate Change
There’s no need to have government pick winners and losers, issue mandates or add to our deficit.
The beauty of a carbon tax is that it uses market forces to stimulate innovation and reduce carbon emissions (“Oil Group Drafts Proposal for Carbon Tax on Fossil Fuels,” U.S. News, April 22). Economists find it among the fastest, fairest, cheapest and most effective actions we can take to limit global warming.
Under the Energy Innovation and Carbon Dividend Act, 95% of low- and middle-income earners are expected to save money or break even, with the poorest seeing the greatest health and economic benefits. All this without our government picking winners and losers, issuing mandates or adding to our deficit.
Tom Hazelleaf
Seal Beach, Calif.
See, this might be a letter from a reader, but, the headline came from the WSJ. And, you’d think someone in California would know exactly what their carbon taxes and insane climate cult policies are doing. Carbon taxes do pick winners and losers, and, who does Hazelleaf think is running the tax schemes, and setting the pricing?
Tax hike many forgot about to hit most Irish homes from today with bills set to jump even further
An increase in carbon tax on home heating fuels comes into effect today which will see the majority of homes hit with a hike in costs.
This jump will mean the price of gas in every home will rise by €1.40 per month and home heating oil will increase by €1.50.
Finance Minister Paschal Donohoe explained that this move was vital to help the public with the rise in the cost of living here, “but also in particular, to offset the increase in carbon tax.”
However. applications remain open for the Fuel Allowance payment for 2022/2023, which will start up again in September.
Of course, the Government starts yammering about offsets and reducing the VAT (a government tax) will reduce the already sky high cost of energy. It might not be much, but, at the end of the day, the increases will be passed around then passed to the consumers. This stuff never goes down.
OMG
That equals an increase of 2$ per month
Our borders will be flooded with starving Irish peasants
My cousins my cousins!! They will starve to death because of this tax.
Probably they will be forced to buy 1 less coffee each month
That carbon tax is about 2% of what it costs for heat for one household
You display standard liberal awareness.
Why should they pay any extra at all in the name of a fictitious problem?
Hairy, do you honestly believe a carbon tax is 2% of what it costs to heat a home? Do you honestly believe if that were true (which it is not) the tax will stay at 2%? Bear in mind the original fed income tax was 1% for the bottom bracket and 7% for the top.
Either leftists are naïve when it comes to taxes or they are deliberate liars, and once one has achieved social security status he should have garnered enough experience and wisdom to no longer be naïve.
FJB
As alanstorm says, why a tax for a problem that isn’t there? Johnny, you always start your argument down stream from where one should start. Give evidence the tax is needed first, then you can discuss the tax itself. You guys just love to skip certain steps, don’t you? But another thing- Ireland could cease all emissions and it wouldn’t make a bit of difference as long as China is increasing theirs.
I’ll take “Questions Liberals Never Ask” for $10,000, Alex.
The beauty of a carbon tax is that it uses market forces to stimulate innovation and reduce carbon emissions
There is nothing “market based” about adding taxes to things the middle class needs to shift wealth to rich people in exchange for nothing. No innovation is happening with this money. No carbon is being reduced other than by heavy industries going out of business or moving operations to places that don’t have these taxes.
Just because one denies the long-term implications of global warming doesn’t mean it doesn’t exist!!
And “market forces” refers to anything influencing markets. So yes, tariffs, taxes, supply chain issues, demand are all “market forces”.
Unless a commodity is absolutely inflexible, higher prices exerts negative pressure. Even conservative economists understand this.