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Old 12-22-2018, 02:14 PM   #4235 (permalink)
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crushing blow to lower classes

Originally Posted by sendler View Post
That is the big problem with trying to change things with a carbon tax . It would have to be the same world wide to be fair. And would ideally be applied immediately as the carbon leaves the ground so that the market pricing is directly affected. Although it is much easier to tax the purchase of the final product. Who collects and who disperses the revenue? This would be a tax and a pay raise for 90% of our virtual workers and finish crushing the lower classes and crash the economy unless it was given back progressively to people with less income.
Detroit,Michigan,today,is providing new homes at $1/sq-ft.
Monthly mortgage payments are $400.
College kids in Denton,Texas are paying $1,200 / month for rent.
Do you see any opportunities for the lower class?
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