about the “Entergy” tax - Part Four

July 17th, 2007 Politics, Vermont, critical thinking, economics, global warming, taxes

Well?

Hopefully this simple change of perspective – even though hypothetical – provided a different way to think about the Entergy tax. The $30 million dollar windfall now can be thought of as a “dividend” to the Vermont “stockholder”. Each resident would see an additional $50 in “profit”. What to do with that profit? Offset the higher energy costs of the previous year? Use it to buy some more insulation? Nope. The state says give it to their “new” energy initiative so we can reduce our carbon footprint. Well, this may be fine for some of us. What’s another $50 out of our pocket? (Are you thinking - but it’s NOT Vermonter’s money? then you are not thinking through the experiment…)

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