Ok I have stated my position and opinions on a price on carbon in the past, but today I will attempt to put the issue into a much simpler context that perhaps even a politician can understand. Economists use all kind of elaborate models and formulas to judge the impacts of fiscal policy on the economy, I will instead use a simplified one dollar example to illustrate my points. By applying the KISS (Keep it Simple Stupid) methodology I hope I can successfully communicate my opinions on why putting a price on carbon in the form of a consumption tax on fossil fuels based on the "revenue neutral" model just does not work.
We can all Appreciate a Buck
The concept of the "revenue neutral" taxation system means different things to different people, in the broader sense it is when every dollar that is co ...