Al Gore’s tax swap proposal is definitely good news: a mainstream politician making an very rational proposal in a high profile venue. Go Al. It’s about time.
“Testifying before the House Energy and Commerce Committee on global warming this week, former vice president and now climate-change evangelist Al Gore urged Congress “to reduce taxes on employment and production and make up the difference with pollution taxes,” principally on carbon dioxide emissions. Like the predictions of climate change, the idea of using revenues from energy (or, if you will, pollution) taxes to reduce payroll taxes is not new, but Gore deserves credit for bringing both to congressional attention at a critical time.”
