Tax vs Trade « JoNova

Bill Shorten wants a lot of new carbon taxes and to help international bankers

A gift for Turnbull, who doesn’t deserve it.

Welcome to Election-2016 in Australia.

We’ve done this before: Bill Shorten has promised there will be “no carbon tax under Labor”. This almost exactly mirrors the promise made by Julia Gillard on her way to the most pathetic parliamentary win ever recorded in Australian history. Gillard’s barely-there-with-the-help-of-two-turncoats-success was based on this infamous deceit, which Mr Bill Shorten approved of and voted in. Channelling Gillard-2010

At least he is kinda upfront about saying there will be no tax apart from a lot of new taxes he calls trading schemes. What kind of trade are you forced by law to make? A tax…

“There will be no carbon tax under Labor, there will be no fixed price under Labor, what we are doing instead is we are working with the market to create an Emissions Trading Scheme,” Opposition Leader Bill Shorten said.

He is offering a kind of “Cap N Trade”, which is bound to suit all the Aussies who’ve been lining up at protests saying “No Carbon Tax. We want Cap N Trade”. Have you met one ? Me neither.

Let’s not forget the advantages of trading versus taxes: Markets […]

Tax versus Trade

I feel like I keep stating the obvious. A carbon tax is bad because it’s unnecessary and nobody wastes money better than big government, but a carbon trading scheme is worse. The latter is a fake market that feeds corruption and creates it’s own vested industry of financial brokers who profit no matter what the price and no matter who buys or sells (they just need a government mandated scheme that forces businesses to buy and sell), and no matter whether anything useful happens to the environment. Once the financial houses are set (and they are already well advanced) how could this policy ever be unwound?

Carbon Tax = bad

Carbon Trade = sew raw steaks to your shirt and swim with sharks

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So everyone has a handy pocket list as a reference:

Carbon trading is NOT a free market. (In a free market, no one would pay for an atmospheric nullity they can’t use. A carbon trading market is one where the government compels some parties to buy, so it is not free.) It feeds the financial sharks. (Think “ENRON” x 100). Its a magnet […]