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UBI: Universal Basic Income w/ Ben Phillips, ANU - EP126

Economics Explored

00:00

Is It Politically Infeasible to Bring in a Carbon Tax?

I don't really think it's something that's on the radar of say the major political parties at this point. The requirement for such substantial tax increases would virtually rule it out. I think there are some problems with our current welfare system at the moment. But they're relatively small changes that are required to fix that. $10 billion could give you a reasonable system compared to having to spend potentially at least $100 billion on more grandiose schemes.

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