Let Obama try it before the midterms. Dems are already fu*ked - don't see how this helps 'em. And, if they really care about it, they should embrace Tom (Kermit) Friedman's prescription to ensure that all revenues from the carbon tax be:
- 1/3 Used to offset Corporate taxes
- 1/3 Used to rebate payroll taxes TO ALL WORKERS
- 1/3 Used to cut the deficit - along with matched spending cuts to balance out the new revenue of course
Offer this bill up and most of us fiscal conservatives will be all over it. No redistributive elements to the "poor" and absolutely no money flowing into the general fund for spending. The bill should be written such that a super-majority of the Senate is required to overturn or modify the revenue and usage provisions. 'Nuff said
Friday, July 23, 2010
See Tom Friedman if you wanna get this done...
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