this post was submitted on 22 Jan 2026
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All you do is turn it into a flat check that everyone gets once a year. The rich would literally subsidize everyone else. Most people would make money from the tax.
Also, you add in a cap and trade market and eventually reduce the limit to zero. Credits can't be generated unless you literally bury non-volatile, non-decomposing carbon 500 meters or more under ground.
It still needs to be way steeper than current carbon taxes are. Who wants to get a yearly check for $50 just to let billionaires destroy the planet? We'd all be better off if they were too scared to do it in the first place.
For sure