The largest polluters — the coal and steel industries that have driven Australia’s remarkable economic run of the past several years — would most likely bear the brunt of the burden but receive considerable subsidies to remain competitive
I recall the wisdom of Ronald Reagan:
The government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
RIP RR...damned we miss you!
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