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    - Billionaire Tech Wet Dreams

    Started by RE May 04, 2024, 02:21 PM

    Message path : / Politics / Eat the rich / Billionaire Tech Wet Dreams #4


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    RE

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    May 04, 2024, 02:21 PM
    My reply was already made.

    https://chasingthesquirrel.com/doomstead/index.php?msg=2135

    Well, I get the concept there to make it antiregressive and transfer money from the rich to the poor, but I would have to see the way the money distributes out, and my sense is that the extra cost will not affect Bill Gates at all, obviously he can pay anything you could charge.

    For the really poor who make less than $50K year, an extra $5K will be a nice bonus if they drive 0 miles, and don't take public transport, but few are that low in carbon footprint.

    The average person with average income driving average miles will end up even at zero.

    As you move outward on the curve away from the median, above average consumers would pay more and get back less on a scale going from 0--->$5500  Below average $5500-->0.  Basically it would be a reversion to the mean with some above average income people spending less, but past a certain income they don't give a shit.  Lower income people would get a bonus, but would probably use the money to take a vacation or burn carbon in some other way.

    So, bottom line I still don't see it reducing consumption all that much.

    RE

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