Phase out all forms of capital income taxation, including the corporate income tax, and replace them with a carbon tax, including a gasoline tax. "Savings and investment boost economic growth, but when it comes to energy, global warming threatens as a major problem and our dependence on Middle Eastern oil damages our foreign policy."Kitchen Linker prefers Al Gore's proposal to tax waste not work but either or a combination is critical.
Blogs, environment, politics, technology and the kitchen link, often all in one post!
Wednesday, October 18, 2006
Tax waste not capital
Tyler Cowen in US News and World Report: