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Upthread, I entered into a discussion of the merits of taxing environmental externalities purely on the basis of their environmental impact vs. taxing based on both environmental and social considerations.
The short version of my stance is that in the ideal world, environmental taxes should serve environmental concerns and redistributive taxes should serve to redistribute the wealth. In the real world, however, there is a realpolitik argument for not making environmental taxes too regressive and not hitting necessary subsistence goods too hard.
- Jake Friends come and go. Enemies accumulate.
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