“[A] revenue-neutral carbon tax would benefit all Americans by eliminating the need for costly energy subsidies while promoting a level playing field for energy producers.”

— Gary S. Becker

Why We Support a Revenue-Neutral Carbon Tax: Coupled with the elimination of costly energy subsidies, it would encourage competition. http://www.wsj.com/articles/SB10001424127887323611604578396401965799658 "Commentary" article in the Wall Street Journal, co-authored with George P. Shultz, dated April 7, 2013.

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Gary S. Becker 8

American economist 1930–2014

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“[A] revenue-neutral carbon tax would benefit all Americans by eliminating the need for costly energy subsidies while promoting a level playing field for energy producers.”

George Shultz (1920) American economist, statesman, and businessman

“We have long supported a carbon tax as the best policy of those being considered. Replacing the hodge-podge of current, largely ineffective regulations with a revenue-neutral carbon tax would ensure a uniform and predictable cost of carbon across the economy. It would allow market forces to drive solutions. It would maximize transparency, reduce administrative complexity, promote global participation and easily adjust to future developments in our understanding of climate science as well as the policy consequences of these actions.”

Rex Tillerson (1952) 69th United States Secretary of State

"The Path Forward in Today’s Energy Environment," http://corporate.exxonmobil.com/en/company/news-and-updates/speeches/the-path-forward-in-todays-energy-environment a speech made as Chairman and CEO of ExxonMobil, at the 37th Annual Oil and Money Conference in London on (19 October 2016).

“We don't need a flat tax, but a flattening tax, to truly level the playing field.”

Jello Biafra (1958) singer and activist

Address to the US Green Party

“The so-called free market does not provide consumers with proper information, because the social and environmental costs of production are not part of the current economic models…. an ecological tax reform would be strictly revenue neutral, shifting the tax burden from income taxes to "eco-taxes." …the taxes would be added to existing products, forms of energy, services, and materials, so that prices would better reflect true costs.”

Fritjof Capra (1939) American physicist

Epilogue: Ecological Literacy
The Web of Life (1996)

“Unfortunately, the Laffer curve did not work as advertised. Lower tax rates did not produce more tax revenues. They produced deficits.”

Robert Kuttner (1943) American journalist

Source: The Economic Illusion (1984), Chapter 5, Taxes, p. 208
Context: The total impact of the Reagan tax cuts on capital lowered the effective cost of capital to American industry by an estimated 1.2 percent. Unfortunately, the Laffer curve did not work as advertised. Lower tax rates did not produce more tax revenues. They produced deficits.

“When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans. Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.”

Ron Paul (1935) American politician and physician

Deficits Make You Poorer http://www.lewrockwell.com/paul/paul238.html (March 15, 2005).
2000s, 2001-2005

“It turns out that the energy of a gravitational field—any gravitational field—is negative. During inflation, as the universe gets bigger and bigger and more and more matter is created, the total energy of matter goes upward by an enormous amount. Meanwhile, however, the energy of gravity becomes more and more negative. The negative gravitational energy cancels the energy in matter, so the total energy of the system remains whatever it was when inflation started—presumably something very small. …This capability for producing matter in the universe is one crucial difference between the inflationary model and the previous model.”

Alan Guth (1947) American theoretical physicist and cosmologist

"A Universe in Your Backyard," in Third Culture: Beyond the Scientific Revolution (1996) ed. John Brockman, p. 279.

“It is a very high honor to represent our nation and to serve in President-elect Trump’s administration as the U. S. Trade Representative. I am fully committed to President-elect Trump’s mission to level the playing field for American workers and forge better trade policies which will benefit all Americans”

Robert Lighthizer (1947) US Trade Representative

President-Elect Donald J. Trump Nominates Robert Lighthizer as United States Trade Representative https://greatagain.gov/ustr-dcf9bf87f3bd#.z97dbyqvy (January 3, 2017)

“For the last fourteen years, I have advocated the elimination of all payroll taxes — including those for social security and unemployment compensation — and the replacement of that revenue in the form of pollution taxes — principally on CO2.”

Al Gore (1948) 45th Vice President of the United States

Quotes, NYU Law School speech (2006)
Context: For the last fourteen years, I have advocated the elimination of all payroll taxes — including those for social security and unemployment compensation — and the replacement of that revenue in the form of pollution taxes — principally on CO2. The overall level of taxation would remain exactly the same. It would be, in other words, a revenue neutral tax swap. But, instead of discouraging businesses from hiring more employees, it would discourage business from producing more pollution.
Global warming pollution, indeed all pollution, is now described by economists as an "externality." This absurd label means, in essence: we don't need to keep track of this stuff so let's pretend it doesn't exist.
And sure enough, when it's not recognized in the marketplace, it does make it much easier for government, business, and all the rest of us to pretend that it doesn't exist. But what we're pretending doesn't exist is the stuff that is destroying the habitability of the planet.

“My own views on all matters of public revenue and public expenditure are conditioned by an acute appreciation of whose is the sacrifice that produces public revenue and to whom accrues the benefit of public spending.”

John James Cowperthwaite (1915–2006) British colonial administrator

March 24, 1966, page 216.
Official Report of Proceedings of the Hong Kong Legislative Council

“[A] revenue-neutral carbon tax would benefit all Americans by eliminating the need for costly energy subsidies while promoting a level playing field for energy producers.”

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