Cabon and other "sin" taxes are a great way to influence change. However we should be lowering income and property taxes at the same time to help with these vested interests.
That's what BC did. Its ideologically conservative government at the time introduced a carbon tax going into general revenues, and lowered general taxes, so that the carbon tax is revenue-neutral.
An alarm bell goes off any time someone suggests lowering PROPERTY taxes... ugh. Property taxes should be way higher in most parts of the world to disincentivized speculation.
Yeah my local town removed property tax for new development. In fact, they instituted a TIF (tax incentive fund?) which means the developer gets the property taxes free and clear for new buildings. The city is going broke, but the council is dominated by developer-sponsored shills so its hard to fix.
> However we should be lowering income and property taxes at the same time to help with these vested interests.
What makes you think they need to allow a carbon tax for that? They seem to be doing fairly well at lowering those how they want to without any concessions?
