Professor Peabody
12-11-2016, 04:11 PM
Glenn Reynolds: Tax the blue zones
Glenn Harlan Reynolds 11:52 a.m. EDT October 19, 2015
A climate change tax measure Democrats and Republicans alike should get behind.
It’s already too late to stop global warming, say scientists. No matter what we do, sea levels will rise.
If we’re seriously worried about flooding from higher sea levels, then we want to make sure that areas that will be flooded in the future won’t be developed now. We want to limit the investment in buildings that will be swamped, and we want to limit the number of people who’ll have to move. And we want to encourage people who live in those areas now to move away in the near future, before they’re flooded.
That is, put a large and steeply-increasing tax on property located in areas scientists say are likely to be flooded because of global warming.
Such a tax may seem burdensome up front, of course, but if flooding is as big a problem as climate activists claim, today’s burdens are likely to be minor compared with the the problems prevented by limiting development in the blue zones that are destined to be flooded. Like the high fuel taxes designed to keep SUV-driving flyover types from burning too much gas, my proposed “blue zone tax” will affect behavior now in ways that will reduce costs in the future.
http://www.usatoday.com/story/opinion/2015/10/19/glenn-reynolds-tax-blue-zones-climate-change-coastal-flooding-column/74186596/
What a great idea, tax the coastal areas that will be flooded by global warming. By doing this we can get out ahead of the damage and be prepared for the additional costs that Global Warming is sure to bring. To take that one step further I think we shouldn't allow re-building of areas damaged by warming induced hurricanes. This will result in a great cost reduction in the future.
http://www.ppic.org/content/images/PoliticalGeogFigure-2_web.png
The coast loving and global warming believing liberals will simply have to suck it up and pay much higher taxes to live in the global warming flood areas. I'm sure they won't complain.
Glenn Harlan Reynolds 11:52 a.m. EDT October 19, 2015
A climate change tax measure Democrats and Republicans alike should get behind.
It’s already too late to stop global warming, say scientists. No matter what we do, sea levels will rise.
If we’re seriously worried about flooding from higher sea levels, then we want to make sure that areas that will be flooded in the future won’t be developed now. We want to limit the investment in buildings that will be swamped, and we want to limit the number of people who’ll have to move. And we want to encourage people who live in those areas now to move away in the near future, before they’re flooded.
That is, put a large and steeply-increasing tax on property located in areas scientists say are likely to be flooded because of global warming.
Such a tax may seem burdensome up front, of course, but if flooding is as big a problem as climate activists claim, today’s burdens are likely to be minor compared with the the problems prevented by limiting development in the blue zones that are destined to be flooded. Like the high fuel taxes designed to keep SUV-driving flyover types from burning too much gas, my proposed “blue zone tax” will affect behavior now in ways that will reduce costs in the future.
http://www.usatoday.com/story/opinion/2015/10/19/glenn-reynolds-tax-blue-zones-climate-change-coastal-flooding-column/74186596/
What a great idea, tax the coastal areas that will be flooded by global warming. By doing this we can get out ahead of the damage and be prepared for the additional costs that Global Warming is sure to bring. To take that one step further I think we shouldn't allow re-building of areas damaged by warming induced hurricanes. This will result in a great cost reduction in the future.
http://www.ppic.org/content/images/PoliticalGeogFigure-2_web.png
The coast loving and global warming believing liberals will simply have to suck it up and pay much higher taxes to live in the global warming flood areas. I'm sure they won't complain.