"The Get America Working! approach would work, in effect, by correcting a major price distortion. The current U.S. Internal Revenue Code taxes employment far more heavily than it does the use of natural resources. This distortion has grown progressively worse as payroll taxes have grown. Revising this distortion would increase employment, equity and overall economic vigor importantly. And it would do so by responding to market price signals, not through clumsy and expensive government interventions."
Moving the U.S. Off Carbon With Less Pain, More Gain
Date:
Thu, 01/22/2009
Source:
Yale 360
This article in the on-line journal Yale 360 by Sierra Club Executive Director Carl Pope calls for a carbon cap and 100% revenue return to taxpayers
"Many environmentalists assume that putting a price on carbon and creating a renewable energy economy will require major public sacrifice. But the Sierra Club’s Carl Pope argues that a well-designed package of market reforms — not austerity — will lead to a prosperous, low-carbon future."
