12.09.2007

TAX ENERGY, NOT SALARY

Unfortunately, sometimes it takes a place as liberal as San Francisco to do the sensible thing: "Newsom proposes 'carbon tax' for warming." Mayor Gavin Newsom wants to up the commercial utilities tax and lower the payroll tax. Which is precisely what you want to do if you are a government: get businesses to conserve their utilities and to put as much of their payroll within your boundaries as possible. In almost every other place, energy-related taxes are artificially high and payroll taxes prohibitively high, and as a result we are wasteful with our natural resources and stingy with our human ones. Would that more cities and states, and the federal government as well, figure this out.
Post a Comment