jackafuss’s Recent Comments

• Click here to view comment in original post

  Carbon Plus Flat Tax -- It works!

  Keep it simple.  With 50 cents on gas, $50 a ton on carbon, 10% income tax on the first $100,000, 25% income tax on all above $100,000, standard deduction and personal exemptions allowed (which would make the first $39,000 income tax free for a family of four)but few other deductions.  The AMT would be gone but the revenue would be replaced by the carbon tax.  Winners would be we all be.  

  Lower marginal rates would bring jobs to America while the higher cost of fossil fuels would provide incentives for countless initiatives to conserve or to substitute clean fuels.  

  Both of these basic bills, carbon tax and simplified income tax are circulating through the Ways and Means Committee, after the first Christmas Tree bills run into the veto, it will be time for congress to get serious and solve several problems in one grand compromise.  emigration reform should be thrown into the mix if possible!  

  Jack The Kingdom of God is at hand!

  On Big Green savages Dingell's carbon tax posted 2 years ago 26 Responses