Federal Tax & Bailout 2008

Via the Basic Income network’s newsletter: USBIG reports that a new movement has sprung up recently in the US that links limits on CO2 emissions with a small basic income. “Peter Barnes, Senior Fellow of “On the Commons”, is promoting the “cap and dividend”, which is basically a resource dividend applied to CO2 emissions. Under the plan, the Federal government caps CO2 emissions, and auctions off the limited number of permits to the sellers of oil, coal, natural gas and any other CO2-emittin