Quote:
Originally Posted by Botten
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yeah, huh [You must be logged in to view images. Log in or Register.]
You are relating apples to oranges.
Apples: A conventional tariff is a tax on imports designed to protect domestic industries from foreign competition. Many economists consider it a harmful policy that creates economic inefficiency. It discourages free trade, raises consumer prices, and can provoke retaliatory tariffs from other countries, reducing overall economic welfare.
Oranges: A carbon tax is a Pigovian tax designed to correct a market failure like negative externality of pollution. Pollution is a societal cost that is not reflected in the market price of goods and services. A carbon tax internalizes this cost, making polluters pay for the harm they cause. The policy's goal is to improve the efficiency of the market by accounting for the true cost of carbon-intensive products, which drives innovation toward cleaner alternatives.
better equivalent would probably be Manchineel Apples ( [You must be logged in to view images. Log in or Register.] ) to Sanguinello Oranges [You must be logged in to view images. Log in or Register.]
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Both are fruit.
Both increase the cost of manufacturing in different parts of the world resulting in reduced carbon footprint.
Both are a sales tax.
Best you can argue is one is a higher tax than the other.