mankiw on carbon tax December 21, 2007Posted by KG in econ, environment, interviews, politics, science.
Tags: cap and trade, carbon, carbon tax, economics, environment, global warming, mankiw, tax
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Morning Edition, December 20, 2007 · A so-called carbon tax would put a price on any carbon released into the atmosphere. But even for the greenest voters, a tax increase that would help the environment is likely to be a hard sell. “There’s no question that, politically, tax is a four-letter word. But we have to really convince voters that this is not an overall tax increase; it’s really a tax shift,” said Gregory Mankiw, an economist and former chairman of President Bush’s Council of Economic Advisors.
Mankiw, who supports a tax, speaks with John Ydstie.
Those vying for elected office, however, are reluctant to sign on to this agenda. Their political consultants are no fans of taxes, Pigovian or otherwise. Republican consultants advise using the word “tax” only if followed immediately by the word “cut.” Democratic consultants recommend the word “tax” be followed by “on the rich.”
Yet this natural aversion to carbon taxes can be overcome if the revenue from the tax is used to reduce other taxes. By itself, a carbon tax would raise the tax burden on anyone who drives a car or uses electricity produced with fossil fuels, which means just about everybody. Some might fear this would be particularly hard on the poor and middle class.
But Gilbert Metcalf, a professor of economics at Tufts, has shown how revenue from a carbon tax could be used to reduce payroll taxes in a way that would leave the distribution of total tax burden approximately unchanged. He proposes a tax of $15 per metric ton of carbon dioxide, together with a rebate of the federal payroll tax on the first $3,660 of earnings for each worker.
rolling stone’s 40th anniversary issue November 14, 2007Posted by KG in 2008 Elections, arts/culture, books, campaign finance, comedy, design, econ, environment, film, health, hip-hop, history, immigration, international, interviews, iraq, iraq war, media, misc, music, news, politics, race, religion, science, style, tech, television, terrorism.
Tags: al gore, atheism, atheist, bill clinton, bill gates, bill maher, cornel west, daily show, economy, end of faith, global warming, graduation, inequality, interviews, jon stewart, kanye west, paradigm, paul krugman, princeton, real time with bill maher, religion, rolling stone, sam harris, satire, secularism, sustainability
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“This issue looks forward, not back, and it’s packed with interviews with the artists, leaders and thinkers who can best divine what our future holds. It arrives, appropriately, during the run-up to next year’s presidential election, which looms as a moment of truth for our nation. “People are nauseous about being perceived as the enemy,” Bono says of America’s standing in the world. “Whoever fixes that problem gets elected.” But it’s not just politics – as a society, we face choices that will likely determine the fate of our civilization, matters of war and peace, resource depletion and explosive population growth. And, of course, global warming: “It’s a mistake to think of the climate crisis as one in a list of issues that will define our future,” Al Gore tells us. “It is the issue.”
We don’t claim to have the answers to these challenges, but we do know where to look for leadership and inspiration. The values of tolerance, inclusiveness, common sense and personal liberty (not to mention fun) that took shape in the 1960s have animated this magazine ever since.”
chock full of wit and wisdom from some of the world’s most interesting minds…
you can find the entire issue digitally right here, but the interface rolling stone set up is really horrible, so i’ve made the text from some of the interviews into pdfs:
here’s some quotes that i’ve culled: