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Republicans push carbon tax in meeting with trump

Posted on 2/8/17 at 9:55 am
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69494 posts
Posted on 2/8/17 at 9:55 am
Congrats, Iosh.



A group of prominent Republicans and business leaders, including former Treasury Secretaries Hank Paulson and James Baker, will meet with some of President Donald Trump’s top advisers at the White House Wednesday to push a plan to tax carbon dioxide in exchange for lifting a slew of environmental regulations.

“Unlike the current cumbersome regulatory approach, a levy on emissions would free companies to find the most efficient way to reduce their carbon footprint,” Baker and former Secretary of State George Shultz wrote in a Wall Street Journal opinion article posted online late Tuesday. “A sensibly priced, gradually rising tax would send a powerful market signal to businesses that want certainty when planning for the future.”

LINK

Posted by SidewalkDawg
Chair
Member since Nov 2012
9853 posts
Posted on 2/8/17 at 9:57 am to
quote:

“Unlike the current cumbersome regulatory approach, a levy on emissions would free companies to find the most efficient way to reduce their carbon footprint,” Baker and former Secretary of State George Shultz wrote in a Wall Street Journal opinion article posted online late Tuesday. “A sensibly priced, gradually rising tax would send a powerful market signal to businesses that want certainty when planning for the future.”


So is this going to be another evoling tax that shows up on my bills, which will result in them increasing month after month? Just like the wonderful taxes on my cell phone, satellite TV, and Internet bills?
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 2/8/17 at 9:59 am to
These fricks are determined to convince me never to vote for a standard establishment republican again.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67546 posts
Posted on 2/8/17 at 9:59 am to
quote:

So is this going to be another evoling tax that shows up on my bills, which will result in them increasing month after month? Just like the wonderful taxes on my cell phone, satellite TV, and Internet bills?

Yep.....exactly......fricking assholes
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 2/8/17 at 10:00 am to
quote:

So is this going to be another evoling tax that shows up on my bills, which will result in them increasing month after month? Just like the wonderful taxes on my cell phone, satellite TV, and Internet bills?
My hope is that if the Republicans and business leaders are pushing it then they're envisioning an offset with other tax reductions. This is why I don't like Republicans sticking their heads in the sand about AGW, because there are no such instincts if the Democrats are the only ones in the room.
Posted by BugAC
St. George
Member since Oct 2007
53109 posts
Posted on 2/8/17 at 10:00 am to
quote:

These fricks are determined to convince me never to vote for a standard establishment republican again.




You mean you aren't there already?
Posted by Blizzard of Chizz
Member since Apr 2012
19172 posts
Posted on 2/8/17 at 10:00 am to
Literally trying to tax the air you breathe.
Posted by DownSouthJukin
Coaching Changes Board
Member since Jan 2014
27616 posts
Posted on 2/8/17 at 10:01 am to
quote:

So is this going to be another evoling tax that shows up on my bills, which will result in them increasing month after month? Just like the wonderful taxes on my cell phone, satellite TV, and Internet bills?


Well... yeah.

This is Establishment bullshite. These clowns and their clients (no doubt they are shills) probably invested in Al Gore's carbon tax credit ponzi scheme and are now seeking to save it and their investments.

How about remove the cumbersome bullshite regs that don't do a damn thing to protect the environment... AND NOT frickING TAX ANYONE. That right there is a novel thought these days.

Drain the Swamp.

DRAIN THE frickING SWAMP. NOW.
This post was edited on 2/8/17 at 10:03 am
Posted by LSURussian
Member since Feb 2005
127309 posts
Posted on 2/8/17 at 10:02 am to
quote:

to push a plan to tax carbon dioxide in exchange for lifting a slew of environmental regulations.
And Trump will reply, "How about this? Let's lift those regulations that you hate and NOT levy a new tax."
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 2/8/17 at 10:02 am to
quote:

These clowns probably invested in Al Gore's carbon tax credit ponzi scheme and are now seeking to save it.
A carbon tax doesn't establish an emissions credit exchange. You're thinking about cap-and-trade.
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 2/8/17 at 10:03 am to
Let's see if we can get through the first page without someone referencing that shitty Daily Mail story that the NOAA guy has already walked back.
Posted by DownSouthJukin
Coaching Changes Board
Member since Jan 2014
27616 posts
Posted on 2/8/17 at 10:04 am to
quote:

A carbon tax doesn't establish an emissions credit exchange. You're thinking about cap-and-trade.


You don't think that the carbon tax will have a tax credit program built into it? Really?
Posted by buckeye_vol
Member since Jul 2014
35255 posts
Posted on 2/8/17 at 10:04 am to
quote:

Let's see if we can get through the first page without someone referencing that shitty Daily Mail story that the NOAA guy has already walked back.
Didn't you just reference it?
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 2/8/17 at 10:04 am to
quote:

Let's see if we can get through the first page without someone referencing that shitty Daily Mail story that the NOAA guy has already walked back.
Wait, shite.
Posted by bhtigerfan
Baton Rouge
Member since Sep 2008
29843 posts
Posted on 2/8/17 at 10:06 am to
quote:

A group of prominent Republicans and business leaders, including former Treasury Secretaries Hank Paulson and James Baker, will meet with some of President Donald Trump’s top advisers at the White House Wednesday to push a plan to tax carbon dioxide in exchange for lifting a slew of environmental regulations. 
HELL frickING NO!

frick these assholes.
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 2/8/17 at 10:06 am to
quote:

You don't think that the carbon tax will have a tax credit program built into it? Really?
It might or might not, depending on the implementation. But trading those tax credits is a feature of cap-and-trade. For instance, if you're assessing the tax based on the BTU of the raw coal/petroleum/methane, you'd need a credit for power plants that sequester the carbon instead of emitting it. But that's not tradeable (except in the sense that the plant itself could be sold, I guess).
This post was edited on 2/8/17 at 10:07 am
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 2/8/17 at 10:06 am to
quote:

A carbon tax doesn't establish an emissions credit exchange. You're thinking about cap-and-trade.



Everything releases carbon.

They can essentially tax you for breathing
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 2/8/17 at 10:08 am to
quote:

Everything releases carbon.

They can essentially tax you for breathing
Your breathing emits carbon you got from plants (or from animals who got it from plants). That carbon is already in the cycle and doesn't contribute to a net increase.

Carbon that was buried miles underground, brought to the surface, and burned isn't in the cycle and does contribute.
This post was edited on 2/8/17 at 10:11 am
Posted by skrayper
21-0 Asterisk Drive
Member since Nov 2012
31069 posts
Posted on 2/8/17 at 10:08 am to
quote:

A group of prominent Republicans and business leaders, including former Treasury Secretaries Hank Paulson and James Baker, will meet with some of President Donald Trump’s top advisers at the White House Wednesday to push a plan to tax carbon dioxide in exchange for lifting a slew of environmental regulations.

“Unlike the current cumbersome regulatory approach, a levy on emissions would free companies to find the most efficient way to reduce their carbon footprint,” Baker and former Secretary of State George Shultz wrote in a Wall Street Journal opinion article posted online late Tuesday. “A sensibly priced, gradually rising tax would send a powerful market signal to businesses that want certainty when planning for the future.”



FFS - the EPA is better than this approach. All this means is "pollute all you want, pass on those additional costs to your customers". Like I have an option as to who my power company is.
Posted by DownSouthJukin
Coaching Changes Board
Member since Jan 2014
27616 posts
Posted on 2/8/17 at 10:09 am to
quote:

It might or might not, depending on the implementation. But trading those tax credits is a feature of cap-and-trade. For instance, if you're assessing the tax based on the BTU of the raw coal/petroleum/methane, you'd need a credit for power plants that sequester the carbon instead of emitting it. But that's not tradeable (except in the sense that the plant itself could be sold, I guess).


I will bet you dollars to donuts that with the carbon tax comes a tax credit system that allows for trading of the credits on a market, if not just a modification of the current market.

I'd be very interested to see who is paying Hank Paulson and James Baker. It's not like these guys just came up with this great idea and then decided to pitch it to the administration.

There is money to be made here, and not just by Uncle Sam.
This post was edited on 2/8/17 at 10:11 am
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