- Joined
- Jun 25, 2005
- Messages
- 3,237
- Reaction score
- 402
- Location
- United States
- Gender
- Male
- Political Leaning
- Centrist
All of the costs attributed to fossil fuels are subjective and very punitive
I can see removing the oil depletion allowance and any other tax subsides to any energy producer both fossil and green
For instance stop the solar panel 30% tax break to homeowners
Make them pay 100% of the cost
Then the market is truely deciding
I agree with eliminating all subsidies but first tax carbon for all of the costs it costs society. That is being market fair. Its not fair to renewables to have no carbon tax, as carbon has a ton of hidden costs not reflected by their market price. Costs taxpayers and non tax payers pay for as well as future generations. I favored solar subsidies as smart policy in allowing the industry to mature as it is in the best interest of society for them to develop, but I think the time has come to eliminate all subsidies, especially on carbon based fuels that have been sucking off taxpayers for years and correcting the real market price for their products. I favor doing the same with junk food, etc.
It's smart policy to tax negative externalities first, before you tax positive externalities, if you have to on the latter. that is why I favor 0% corporate tax on positive externality companies as job creation and wealth creation are positive externalities.
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