Felipe De Leon
Jun 17, 2014
Thank you for submitting a Proposal. A variety of approaches will have to be evaluated to find the a mechanism to establish a price on carbon that is practical, politically viable and has the desired effect of lowering GHG emissions. In reading your proposal suggest thinking through the following questions might help you strengthen your proposal: How would you propose the "quantified reductions" me monitored and reported? How much would an organization/household have to reduce to be eligible for the tax waiver? How would you address very efficient/sustainable businesses that have limited options for increased reductions? Good luck!
Aug 5, 2014
This proposes a surtax on income that's then returned if one substantiates carbon reduction. But what if there were, for example, a merchant seller of hydroelectricity. They'd be hit with an income tax surcharge even though they have no emissions and therefore no opportunity to get any refunds? The goal should be internalizing negative externalities, not adding income tax surcharges with complex and inequitable return mechanisms.