TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Monday, November 12, 2018

Marron Presents Designing A Carbon Tax Dividend Today At Loyola-L.A.

MarronDonald Marron (Urban Institute) presents Designing a Carbon Tax Dividend at Loyola-L.A. today as part of its Tax Policy Colloquium Series hosted by Ellen Aprill and Katie Pratt: 

A robust carbon tax would generate considerable revenue. Some carbon tax advocates have suggested returning those revenues to Americans through direct payments, often called carbon dividends. We examine how to design these dividends considering two, sometimes conflicting principles. Carbon dividends can be viewed as shared income from a communal property right, much as Alaskans share in income from the state’s oil resources. Dividends can also be viewed as rebating the carbon tax back to consumers. These views often have different implications for designing carbon dividends.

Political and practical considerations are also important. With that in mind, we propose a carbon dividend design that combines beneficial features from both the communal property and tax rebate views.

Thomas Herndon (Loyola-L.A.) and Roberta Mann (Oregon) are the commentators.

https://taxprof.typepad.com/taxprof_blog/2018/11/marron-presents-designing-a-carbon-tax-dividend-today-at-loyola-la.html

Colloquia, Scholarship, Tax | Permalink

Comments

Shouldn’t the case first be made that a “robust” carbon tax solves any real problem before discussing how to administer it?

Shouldn’t there be verifiable cost/benefit studies and considerations of negative economic impacts of another energy tax before suggesting its passage?

Even if there was a case for the tax, the distribution of what is collected would not really go to back to those who paid it, despite any veiled suggestion, easily reversed. The tax has always been intended to be controlled by big-government politicians, passed through to third-world dictators, and redistributed to special interests deemed worthy only by those in charge.

Rather than return the tax in some vague way, let Americans just keep the money with no tax at all.

The presenters have a lot to address before they get to the topic being presented.

Posted by: Woody | Nov 12, 2018 3:49:13 PM

Yeah, Woody. What he said!

Posted by: aircav65 | Nov 13, 2018 8:12:55 AM

An article in The Hill quotes the UN's IPCC saying that carbon taxes may have to take the price of a gallon of gas to $240. I can't vouch for its veracity (or the ability of anyone to do math) but it should make our betters think twice about carbon taxes. Plus, NASA scientist says sun's activity is dropping and we should have extreme cold within the next several months. But the science is settled.

Posted by: aircav65 | Nov 13, 2018 12:31:46 PM

We really, really, need "like" buttons here. Bravo Woody.

Posted by: Dale Spradling | Nov 13, 2018 5:23:07 PM

Almost every blogger who uses a Facebook might be knowing about these tools, but you have done a nice job by compiling all these at a single place.

Posted by: Abdulkadir | Nov 14, 2018 4:02:39 AM

If the dividends aren't going back proportionally to those who were taxed, it's nothing but a wealth redistribution scam.

Posted by: ruralcounsel | Nov 14, 2018 11:15:45 AM