IMF: Carbon Taxes Hurt The Poor; Also The IMF: We Need A Global Carbon Tax | ZeroHedge
Authored by Mark Jeftovic via BombThrower.com,
File between “No Sh*t Sherlock” and “You Don’t Say?”
The IMF’s “Chart of the Week” just dropped, promising a glimpse into how carbon taxes can be “less regressive”, “socially fair” and “economically efficient”.
Citing a new research paper, the chart of the week comes from research findings that carbon taxes inordinately penalize the poors,
Finding that low-income households pay anywhere between (more…)