alt Hacker NewsCarbon taxes are massively regressive. There is no political coalition that simultaneously wants to act against climate change and doesn’t mind driving further income inequality.
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intended • today at 8:06 PM
You can’t have it both ways. You can’t have one comment talk about consumption being the root of all ill, then another comment stating that reducing consumption is regressive.
So you balance it with tax credits or handouts to the poor. This isn't an insoluble problem.