Category: Uncategorized

December 25, 2013 0

Merry Christmas From the TSA

By News Desk

Merry Christmas From the TSA Posted by Michael Shedlock at 8:08 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy

December 23, 2013 0

A carbon-reduction tax credit is a carbon tax, and that’s a good thing

By News Desk

Tweet Stoats of the world can take pleasure in this proposal by outgoing senator Max Baucus to simplify the approximately one billion Amercian clean energy tax incentives and to provide instead a tax credit based on how much carbon reduction (above a threshold) is produced per unit of electricity or unit of transportation fuel. There’s no economic difference between providing a tax credit that reduces from a higher baseline, versus imposing a tax that increases from a lower baseline, so long as they’re equally comprehensive