Monday, October 15, 2018

After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right

But gasoline taxes are also politically toxic.
Only in this country! In other countries, people are grown-up, and they can live with taxes.

Here's a story from The New York Times that I thought you'd find interesting:

A few governments—notably, parts of Canada and South Korea—have adapted his idea in ways that not only show signs of working, but it also reframe it not as a tax, but as a windfall for taxpayers.

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