​IMF: Carbon Taxes Hurt The Poor; Also The IMF: We Need A Global Carbon Tax – Tyler Durden

IMF: Carbon Taxes Hurt The Poor; Also The IMF: We Need A Global Carbon Tax Authored by Mark Jeftovic via BombThrower.com, File between “No Sh*t Sherlock” and “You Don’t Say?” The IMF’s “Chart of the Week” just dropped, promising a glimpse into how carbon taxes can be “less regressive”, “socially fair” and “economically efficient”. Citing a new research paper, the chart of the week comes from research findings that carbon taxes inordinately penalize the poors, “lower-income groups are affected disproportionately, because they spend a smaller share of their expenditure on products that benefit from exemptions than their higher-income counterparts.” Finding that low-income…  — Continue at ZeroHedge News : Read More