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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (11339)2/18/2017 3:13:36 PM
From: Wharf Rat  Read Replies (1) | Respond to of 356539
 
The tax is revenue neutral.

2. CARBON DIVIDENDS FOR ALL AMERICANS
All the proceeds from this carbon tax would be returned to the American people on an equal and quarterly basis via dividend checks, direct deposits or contributions to their individual retirement accounts. In the example above, a family of four would receive approximately $2,000 in carbon dividend payments in the first year. This amount would grow over time as the carbon tax rate increases, creating a positive feedback loop: the more the climate is protected, the greater the individual dividend payments to all Americans. The Social Security Administration should administer this program, with eligibility for dividends based on a valid social security number.
clcouncil.org