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Fixing the Fiscal Nightmare

…gas tax of even $1.00 per gallon would only raise $75-$100bn per year, depending on how much conservation you think we would start to see. Taxing capital gains and dividends…

An Alternate Tax Reform Plan

…US: Replace the payroll tax with a progressive consumption tax, i.e. a tax only on the income that an individual does not save; Eliminate corporate income taxes, but tax capital

I Want to Title This Post…

…to Congress on Wednesday that indicated that emissions of carbon dioxide and other heat-trapping gases were the only likely explanation for global warming over the last three decades. Previously, Mr….

Interview with Mark Thoma

…government intervention Why there is little momentum for a US-wide carbon market What we learned from the global financial crisis Why our best hope for strong economic growth is in…

Water, Mars. and curiosity

…made up of water, which is a great resource, and interesting scientifically.” The sample also released significant carbon dioxide, oxygen and sulfur compounds when heated. Mosaic image of Curiosity.  …

Inescapable truths

…to know exactly what [carbon-dioxide emissions] will cause in 20, 30 or 50 years.” The scientists of Mr Krauthammer’s scorn don’t actually exist: No one pretends to such precision. But…