The geniuses at the Congressional Research Service have found that a $20 per ton carbon tax in the U.S. could reduce its budget deficit by 50 percent over the next 10 years.
Strike me dead. Who would have thought that a tax might increase revenue (at least below the revenue maximising carbon tax rate)? Any tax increase (subject to the above caveat) will reduce a budget deficit. The key issue is the efficiency of such a tax increase.
But don’t you like how the carbon tax is being spruiked to reduce a budget deficit? I thought a carbon tax was supposed to reduce carbon emissions and climate change.
But, no. That’s the magic of the carbon tax. Not only does it solve climate change, reduce the budget deficit, and cure syphilis, but it is also promotes harmony, peace and love. A carbon tax is the silver bullet.
And that was the quintessential reason for the tax in the first place; nothing to do with the climate, saving the planet, and so on: It’s been nothing more than a giant con by the hard-left-so-shall-ists to redistribute the wealth of others to ensconce themselves in power forever, or so they thought before the reality of their lunacy began to catch up with them in the form of lower living standards.
amcoz
28 Sep 12 at 7:43 am
Well said acoz
Helen Armstrong
28 Sep 12 at 7:57 am
sorry, ‘amcoz’
Helen Armstrong
28 Sep 12 at 7:58 am
And still government policy is being written of the basis of the opinion of highly prejudiced “scientists” with a massive conflict of interest who have shamelessly used an irrational campaign of fear to create a multi-billion-dollar carpetbagging empire. Of course, it’s just a coincidence that these activists are members of a global political movement attempting to overthrow capitalism.
Tom
28 Sep 12 at 8:25 am
You’re a paranoid delusional man, Tom. Has anyone in the family mentioned that to you before?
steve from brisbane
28 Sep 12 at 9:07 am
Got the beds made yet, Stevie? Household hint: if you can’t keep away from teh Cat you can leave them till just before she gets home. Sloppy behaviour though.
Off you go now, and let the people who know something about this fraudulent tax have a discussion without running interference from mindless puppies.
Elizabeth (Lizzie) B.
28 Sep 12 at 9:15 am
It’s not paranoid if they are out to get you. It’s not delusional if it is reflected by reality
And it’s not science if it’s politics.
Go away SfB, we already know your views on this and you have nothing useful to add.
Cato the Elder
28 Sep 12 at 9:27 am
As my old Uncle Bernie used to say,
“Get that stuff inter ya, Winston. It’s good for coughs, colds, and pimples on ya dickie.”
Winston SMITH
28 Sep 12 at 9:30 am
Damn. That’s what happens when you blog before First Coffee. (PBUH)
“It’s good for coughs, colds, itchy holes, and pimples on yer dickie.”
Winston SMITH
28 Sep 12 at 9:37 am
You’re a fucking troll steve.
The AGW science is shit; for instance David Stockwell has done an interesting analysis of BOM’s temperature data adjustment procedure.
Stockwell’s paper says this:
Stockwell shows that no matter whether the site raw trend is greater or less than the comparison trend used for homogenisation, the adjustment will convert the site trend to the comparison trend; since most sites in Australia have a trend cooler than the comparison trend they are warmed by the adjustment.
cohenite
28 Sep 12 at 9:39 am
Look, if the politicians were honest about a Carbon Tax being just necessary to raise revenue – then it would just fall into the category of tax-collecting like the fuel excise, stamp duty, tobacco tax or any number of naked cash grabs.
It’s all the pearl-clutching ‘oh, but we’re saving the planet’ crap that goes on with it that people hate.
Of course I would be opposed to a carbon tax of any kind – it’s a highly inefficient tax that acts as a reverse tariff. But when clueless herd-followers swear that it’s going to save the planet for our children and grandchildren, well, that’s when you have to shake your head at the stupidity and despair for the loss of rational thinking.
brc
28 Sep 12 at 9:43 am
Hope he made some money out of it, Winston. Uncle Bernie’s Patented Rhubarb?
Elizabeth (Lizzie) B.
28 Sep 12 at 9:48 am
Good news: the volunteer army fighting Big Climate in Australia is almost ready to go again:
The Fascist Whore of Dogshit has probably already given SteveC the secret hand signal to unleash the hackers again.
Tom
28 Sep 12 at 10:21 am
Hes about a year or more behind Greeces finance minister.. (cant find the link)
And needs to go fast to get in front of Spain..
The government is also expected to remove a tax break for home buyers and to introduce a tax intended to curb carbon dioxide emissions.
Gee the US taking its cues from some of the PIGS? That inspires confidence.
thefrollickingmole
28 Sep 12 at 10:38 am
All praise to The New Few, battling on another front.
Elizabeth (Lizzie) B.
28 Sep 12 at 10:44 am
It’s done none of those things in Australia – it actually made the budget deficit larger. My bet is on it curing syphilis before it does any of the other things.
Milton von Smith
28 Sep 12 at 10:47 am
The mad rooters in the alp will be pleased.
cohenite
28 Sep 12 at 10:51 am
Interesting find today,ask giLIARd if she had to repay money to the corrupt AWU ? If so how much ? And of course why? Was this the reason she did not renew her legal registration? Or did the law society advise her not to(as they would ,you cannot have the non legal peasants knowing about crooked lawyers) Total Honesty would be bad for the Trade.reminds me of the famous Rabbi on being told by a bignoter “my brother is a Criminal Lawyer ” the Rabbi replied ” youve met an honest one ” ? .?
Borisgodunov
28 Sep 12 at 11:59 am
(Tom’s post above)
Tom,
If time and space permits, would you kindly outline the composition, shape & intentions of this global political movement. Thank you.
Old Bloke
28 Sep 12 at 5:54 pm
It is composed of people with extreme elitist views that see the world in black and white terms of victims and rapacious capitalists. They are totalitarian in nature and consider that they, and their ideology, should be indulged by the spending of Other Peoples Money.
Amongst the vanguard are Helen Clarke, who on being defeated as NZ PM, visciously flayed the electorate and moved to the UN, with like minded socialist misfits.
Will
28 Sep 12 at 7:30 pm