[SGVLUG] help save the world, pwr off game consoles
Christopher Smith
x at xman.org
Sat Nov 22 23:59:09 PST 2008
David Lawyer wrote:
> Note that taxing energy should automatically include the energy cost
> of human labor, since the cost of living will increase due to the
> energy tax which should result in a wage increase which will be
> reflected in the price of the good.
This is not necessarily the case. This assumes that such a tax would be
additive. If it were revenue neutral (i.e., you change what you tax, not
how much you tax), it isn't at all clear that wages would necessarily
increase. If you think about it for a minute, it is entirely likely that
a revenue neutral implementation would actually *reduce* the costs of
human labor.
--Chris
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