Article

2018-12-16 Government

U.S. CBO Suggests $1 Trillion Carbon Tax As France Reels From Anti-Carbon Tax Riots

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Besoeker 2018-12-16 00:42|| || Front Page|| [5 views ] Top

#1 Recycling a CBO Report from November 13, 2013? Remember all of the other promises that new tax revenues would go to paying off the deficit? Under Reagan -- they took the money and spent it. Under Bush, Sr. -- ditto. Why not try one more time? Things will be different this time, right, Right?

Posted by magpie 2018-12-16 02:36|| 2018-12-16 02:36|| Front Page Top

#2 ...No fu@king way, especially as we're the only nation who's actually reducing emissions.

Mike

Posted by Mike Kozlowski 2018-12-16 06:00|| 2018-12-16 06:00|| Front Page Top

#3 Would that be the same CBO that presided over eight years of Obama spending ?

Posted by Besoeker 2018-12-16 06:40|| 2018-12-16 06:40|| Front Page Top

#4 CBO evaluates budget implications of bills. Since when did they start doing proposals? Likely when politicians wanted to avoid sponsoring unpopular laws?

Posted by Frank G 2018-12-16 07:00|| 2018-12-16 07:00|| Front Page Top

#5 Frank G asks, " Since when did they start doing proposals?"

Good question.

The CBO produces a lot of reports. Many are required by law. For several decades, more and more individuals in Congress have asked the CBO to do analysis for them. The CBO has, by policy, limited its work of this kind to analysis requested formally by the chair or ranking members of budget, finance and appropriations committees.

The number of analyses required are still a lot and the methodology has become standardized using a number of 'quick and dirty' methods which do not take into account secondary or tertiary financial effects very well (or not at all in many cases) and also don't produce quantitative estimates of impact on, say GDP or income distribution (sometimes the CBO will give a few words on this but without numbers).

Posted by lord garth 2018-12-16 10:49|| 2018-12-16 10:49|| Front Page Top

#6 The extortion funded sector needs to shrink.

Posted by Bright Pebbles 2018-12-16 16:37|| 2018-12-16 16:37|| Front Page Top

23:23 Dale
23:18 trailing wife
21:45 Anomalous Sources
21:42 Anomalous Sources
21:39 Anomalous Sources
21:36 Glenmore
21:28 Anomalous Sources
21:26 Anomalous Sources
20:31 magpie
19:43 Airandee
19:40 Frank G
18:44 SteveS
18:29 KBK
17:58 Bright Pebbles
17:47 Silentbrick
17:46 Silentbrick
17:32 SR-71
17:26 Frank G
17:25 Rex Mundi
17:23 Bangkok Billy
17:22 Frank G
17:14 gorb
17:14 SteveS
17:08 The peanut gallery