"Miracle" Max Sawicky wrote: > GM has been beating the drums for Pigou taxes for a long time. ...
I thought GM was bankrupt. > In general the assumption that the VAT and similar taxes are passed to > the consumer I think are exaggerated. To be sure some of the burden > shows up in prices, but there is evidence of incomplete 'ratification' of > the VAT in price increases, which means some of it is shifted backwards. > So the regressiveness of green taxes may be somewhat less than > supposed. might a VAT be passed backward to the workers who produced the items being taxed? anyway, isn't the regressivity of green taxes supposed to be compensated for by refundable tax credits for the poor or something like that? -- Jim Devine / "All science would be superfluous if the form of appearance of things directly coincided with their essence." -- KM _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
