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Response to Uncle Joe (Reply #10)

Thu Nov 15, 2012, 10:49 AM

14. I would think that since the profitability of a company would be based on their carbon footprint,

financial companies would seek to either invest in non-polluting industries, or companies like Bain would see large profits in taking a manufacturer in the US and moving those job out of the country where the companies bottom line wouldn't be hurt by this tax.

Like you, I haven't seen the details yet, but so far it sounds like a tax that punishes people who actually make things and rewards those who make money moving paper around someone else's labor. It doesn't sound like it's going to be good for domestic manufacturing jobs either. This sort of concept has been around for quite some time, and there's a reason it's never been seriously proposed in congress.

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bananas Nov 2012 OP
Berlum Nov 2012 #1
NoOneMan Nov 2012 #2
Uncle Joe Nov 2012 #4
NoOneMan Nov 2012 #5
Uncle Joe Nov 2012 #6
NoOneMan Nov 2012 #7
Uncle Joe Nov 2012 #11
hughee99 Nov 2012 #9
Uncle Joe Nov 2012 #10
LineLineLineLineLineNew Reply I would think that since the profitability of a company would be based on their carbon footprint,
hughee99 Nov 2012 #14
Uncle Joe Nov 2012 #15
daleo Nov 2012 #12
Uncle Joe Nov 2012 #3
limpyhobbler Nov 2012 #8
davidpdx Nov 2012 #13
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