Anonymous
Anonymous asked in EnvironmentGlobal Warming · 1 month ago

Why not put a carbon tax on imports in order to prevent the loss of manufacturing jobs ?

2 birds = 1 stone 

7 Answers

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  • 1 month ago

    Import taxes have been around for a while and tend to effect markets in strange unpredictable ways. They aren't a bad thing, but there are not especally effective.

    As for the carbon tax side, it is hard to imagine that being calculated in an accurate or unbiased way because industry has a big carbon foot print and a big waste foot print but they might not actually burn a lot of fossil fuels. Such a carbon tax would probably negatively effect consumers who put a very small portion of carbon into the atmosphere and prevent them from buying goods, slowing down the economy and probably losing a lot of jots and tax revenue alone the way.

  • Mike
    Lv 7
    1 month ago

    Bernie wants to put Tariffs and Carbon taxes on Foreign goods .

  • JimZ
    Lv 7
    1 month ago

    It wouldn't be a carbon tax in that case IMO. That would be a tariff and we have many tariffs already. They typically are used to protect industries that don't do well in foreign competition. Too often the tariffs lead to corruption but they certainly have their role. Trump has been using tariffs as a bargaining tool and the fact that has been working shows that other countries understand that their jobs are at risk if they don't cooperate and negotiate. Tariffs can be dangerous because other countries counter with tariffs of their own. Trade wars are harmful overall so hopefully we can get new agreements soon but under no circumstance should we all China to continue its cheating and stealing.

  • Anonymous
    1 month ago

    A carbon tax is a pigouvian tax, named after English economist Arthur Cecil Pigou is a tax on any market activity that generates negative externalities (costs not included in the market price)

    A gasoline tax is an example of a Pigouvian tax. It seeks to raise the driver's cost to cover the negative externalities created by driving automobiles. In the United States, the federal gas tax is $0.183 per gallon in 2019, and the average state tax for gasoline is $0.2868 per gallon. The revenue goes into the federal Highway Trust Fund to pay for roadway maintenance.

    Pigouvian taxes do work even though it is difficult to asses how high they should be and legislation tends to behind on the technology. Sadly the US is unwilling to end the subsidies it gives to the fossil fuel industry and it would do well to remove them and if the US does want to give energy subsidies, subsidize renewables instead. Sadly those who decry subsidies in general are members of the same party that keep the subsidies to big oil.

    About 40 countries impose carbon taxes on companies that burn coal, oil, or gas, which produce greenhouse gas emissions. These emissions cause climate change, which can bring about more natural disasters, raises sea levels, and increase droughts. imposing a carbon tax on imports would be guess work, unless the exporting nations are seen to have proper accounting standards for emissions and you could encourage those who do not account properly, to err on the higher side.

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  • 1 month ago

    It would not work if everyone did the same thing. All prices across the world would just increase.

    All it would end up doing is making the same goods more expensive while not directly affecting jobs.

    • Andrew S1 month agoReport

      @boris "locally produced" is not a word used in business. Or America for that matter.

  • Cowboy
    Lv 6
    1 month ago

    Manufacturing jobs follow cheap labor - where ever that may go - it's always been that way and will always remain that way. America will lose it's manufacturing base, we already have - it ain't coming back....

  • 1 month ago

    Because no one will vote for that idiotic tax.

    • 1 month agoReport

      What about people who want a manufacturing job you idiot?

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