Tag: taxes

Are we at the "then they fight you" stage?
March 15, 2013 0

Are we at the "then they fight you" stage?

By News Desk

UPDATE:   The Bunny is glad to see that Eli Rabett’s Simple Plan to Save the World is catching on Nations wishing to make major progress on decreasing greenhouse gas emissions should introduce emission taxes on all products. These taxes should be levied on imports as well as domestic goods at the point of sale, and should displace other taxes, such as VAT, sales taxes, and payroll (e.g. social security, health care) in such a way that tax revenues are constant, and distributed equitably

Much More Beneath the Surface of the Italian Bank Scandal; How Big Are the Derivative Losses?
January 25, 2013 0

Much More Beneath the Surface of the Italian Bank Scandal; How Big Are the Derivative Losses?

By News Desk

While pondering what Dragi knew or didn’t, let’s turn our focus on actual losses. Reuters reports Monte Paschi Shares Plunge on Derivative Loss Fears Shares in Banca Monte dei Paschi di Siena, Italy’s third-biggest lender, fell more than 5 percent for the second day in a row on Wednesday on worries of mounting losses on some financial derivative positions which it took in 2008 and 2009

Much More Beneath the Surface of the Italian Bank Scandal; How Big Are the Derivative Losses?
January 25, 2013 0

Much More Beneath the Surface of the Italian Bank Scandal; How Big Are the Derivative Losses?

By News Desk

While pondering what Dragi knew or didn’t, let’s turn our focus on actual losses. Reuters reports Monte Paschi Shares Plunge on Derivative Loss Fears Shares in Banca Monte dei Paschi di Siena, Italy’s third-biggest lender, fell more than 5 percent for the second day in a row on Wednesday on worries of mounting losses on some financial derivative positions which it took in 2008 and 2009

A modest carbon tax has modest carbon reduction results
December 4, 2012 0

A modest carbon tax has modest carbon reduction results

By News Desk

A modest carbon tax has modest carbon reduction results Been meaning to highlight Brad Plumer’s post on a paper about the effect of a carbon tax on emissions (full paper here ).  A tax of $20/ton, with an inflation-adjusted 4% annual increase, knocks emissions down 14% by 2020, and a larger number in 2050 if you believe economic projections that far in the future