10 Ways to Make Money Blogging

Monday, January 30th, 2012

Blogging is one of the most exciting and fascinating things which people are doing now-a-days. So if somebody tries to make money through blogging, it will be a great combination. Here is a list of 10 easy ways to make money from blogging:

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1.    Advertisement space on your blog- advertisements is something which gives most of the money to anyone. A blogger may put up his blog space for advertisements of various products. Big and small business both need cyber space to advertise for their product and thus will contribute to your monetary requirements.

2.    Donations- a donation button can be put up on your blog if you want. Although this method is a very old kind but it works sometimes to get money from some of the organization.

3.    Links to other major products- put up links and ads that take the user to some of the bigger products. Doing this will attract more and more audience thus giving you money for each hit and adding to you blog income.

4.    Polling and surveying- any paid surveys and polls are very much profitable these days. Companies pay large sums of money to put their surveys on people’s blogs. So you can take maximum advantage of this suggestion by simply asking business organizations to post surveys through your blog post.

5.    Multimedia ads- multimedia ads involve all the video content and advertisement available on the internet. So you can give such videos a little space on your blog post and thus earn when a user demands to see them or download them. A little part of the video can be put up to be viewed free of cost, but if the user wants to see the whole of it he must download it by paying for it.

6.    Paid quality content- content such as reviews or interviews of some of the great minds can be sold on your blogs. People who have keen interest in learning will definitely invest on such items as well. What a blogger can do is display a short preview of such content and then demand for some amount to enable the user view the content. This is a good advice to make money through blogging.

7.    Paid online applications and virtual goods- virtual goodies and applications are something which are most sold and demanded now-a-days. Applications such as high definition gaming are also sold online. So an effective idea is to sell these products on your blogs. By posting these types of applications and virtual environment you tend to gain people’s attraction and money as well.

8.    Sponsored post and reviews- there are some post available on the internet which is posted by famous groups or celebrities. These posts can be sold out on your blogs. Similarly there are some very famous reviews of some of the best industry products. They can also be paid for.

9.    E-books and e-courses sales- put an e-book sales or e-course sale on your blog post. This is also one of the easiest methods of earning money through your blogs. Mostly people who are involved in education and research will definitely be interested in such deals. And each time they buy a book you will earn a fixed amount.

10.    Flipping blogs- flipping blogs is a simple selling and buying procedure, where one blogger buys the entire blog from the author blogger. This is a tip for those bloggers who have been writing quality content for a long time. With great experience in blogging and overwhelming response these bloggers sell their blogs to others.

Summary- it is quite easy to earn money blogging. Some of the easiest ways have been summarized above.

Crystal J. Briscoe is from Self Test Engine. Looking for 642-731 exam help? Let’s take advantage of Self test engine self paced 642-741 training and pass your IT exams on first try.

how to start a business

Sunday, January 15th, 2012

Here are the steps to teach you how to start a business. Take these steps in order and don’t skip any to maximize your business startup success:

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Step 1: Daunting odds don’t have to stop you. Read this short introduction to taking the right approach to making real money when starting a business.

Step 2: Find the “Entrepreneur Source” to help you prepare yourself to become successful (don’t skip this all-important step, it will tell you what to expect when you start your business and how to be prepared for it). Decide whether to start part time or full time.

Step 3: Determine your personal and business goals so you can decide whether your business idea is right for you!

Step 4: The advantages and disadvantages of working from home.

Step 5: Whether buying a franchise is right for you. Also, how to decide which franchise to choose. (Coming soon)

Step 6: Ideas for a small business.

Step 7: Register a business name and get your licenses as appropriate.

Step 8: Decisions about financing your business startup.  You should know your resources such as merchant express credit card services and the importance of a business plan in accessing those resources.

Step 9: Choose the right business organization.

Step 10: Choose carefully your accountant, your marketing adviser/coach, your payroll service or software, and your attorney.

Step 11: The importance of a startup marketing plan and the eight strategies every startup business should include in their marketing plan.

Step 12: The business plan and why it is crucial to the success of your business.

Step 13: Accounting help designed to help you understand the basics of accounting, get accounting help, and find simple accounting software that is right for your business.  Consider reporting features offered by Chase Ink business credit card to help monitor expenses.

Step 14: How to take advantage of tax breaks.

Step 15: Chances are these days that a website will contribute greatly to your business even if you are not planning an online business. We provide you with a step-by-step guide to get the most out of your online presence without spending the thousands of dollars you would have to pay somebody to do it for you.

Step 16: Use our resource page to find the very best in online resources that you will need to start your business. One of the most powerful, yet ignored weapons in your marketing weapon store are your business cards.  Another great resource is relationship management which can streamline the repetitive tasks of starting your own business.

By following all the above steps in order you will not only learn how to start a business, you will be on the best track for business success.

fiat or paper money will colapse

Friday, August 12th, 2011

Readers of my articles will recall that I have warned as far back as December 2006, that the global banks will collapse when the Financial Tsunami hits the global economy in 2007. And as they say, the rest is history.

Quantitative Easing (QE I) spearheaded by the Chairman of Federal Reserve, Ben Bernanke delayed the inevitable demise of the fiat shadow money banking system slightly over 18 months.

That is why in November of 2009, I was so confident to warn my readers that by the end of the first quarter of 2010 at the earliest or by the second quarter of 2010 at the latest, the global economy will go into a tailspin. The recent alarm that the US economy has slowed down and in the words of Bernanke “the recent pace of growth is less vigorous than we expected” has all but vindicated my analysis. He warned that the outlook is uncertain and the economy “remains vulnerable to unexpected developments”.

Obviously, Bernanke’s words do not reveal the full extent of the fear that has gripped central bankers and the financial elites that assembled at the annual gathering at Jackson Hole, Wyoming. But, you can take it from me that they are very afraid.

Why?

Let me be plain and blunt. The “unexpected developments” Bernanke referred to is the collapse of the global banks. This is FED speak and to those in the loop, this is the dire warning.

So many renowned economists have misdiagnosed the objective and consequences of quantitative easing. Central bankers’ scribes and the global mass media hoodwinked the people by saying that QE will enable the banks to lend monies to cash-starved companies and jump start the economy. The low interest rate regime would encourage all and sundry to borrow, consume and invest. (more…)

83 Money Tips: Free Landscaping Supplies, Coolest Cars Under $18K, Life Lessons from the Rich

Monday, June 27th, 2011

Also, one series of insights has it that you should manage your money similarly to the way you golf—or rather, the way a good golfer golfs.

5 ways to save money on landscaping tools & supplies. Some towns just give out landscaping supplies—mulch, ready-to-plant trees, etc.—to residents, so long as those residents handle all the pickup and labor. Who knew?

At my old home, I was offered up to three free trees as long as I agreed to plant them on my own. I was more than happy to take advantage of this deal. After all, these trees would have cost me at least $60, if not more.

To find out what your town offers, call your local borough or township headquarters and ask if they offer anything for free. You may be surprised at what you can get this spring.

5 as-seen-on-TV gadgets that really work. Not like this is shocking news or anything, but studies show that most infomercial products are crap. What’s more shocking is that there are apparently as-seen-on-TV gadgets that are actually recommendable. For instance:

Gutter Rake ($9.95 plus $6.95 shipping and handling)
Cleaning gutters is a lot easier when you let the Gutter Rake do the dirty work for you. This T-shaped, plastic tool can extend your reach by more than 30 feet, which reduces the number of times you must climb and move tall ladders. Twist the Gutter Rake onto a broom handle, and pull gutter debris toward you with the rake’s straight end. Then, push gunk under gutter fasteners with its hooked end.

(MORE: 10 Less-Than-Miraculous Miracle Products)

7 life lessons from the very wealthy. Well, duh: “Having money is better than not having money.” You don’t need to be rich to know that. Here’s a less obvious and more important point, very much in line with J.D.’s post on money and happiness:

Don’t become “cash rich” and “time poor.”
Devoting all of your waking hours to making money is a problem, especially in professions with a partnership fast track. Lawyers, doctors, bankers and accountants can get so caught up in the competitive nature of their jobs that they lose touch with their family. Any semblance of a normal personal life disappears, and a very unhealthy balance between work and home can develop…

Remember: What you do with your time is far more meaningful than the goods you accumulate with your money.

7 tips for never-pay-retail home decorating. There’s more to home decorating on a budget than heading to IKEA. A lot more. Like:

Research Product Names. Not all shops make their own stuff, and most won’t readily share manufacturers’ details with you. After swooning over a nine-drawer mirrored chest at a Manhattan atelier, I typed the name of the piece (which was scribbled on the price tag) into Google. Up came the maker, along with the chest’s (lower) suggested retail price and other vendors.

7 ways to find and fight illegal charges on your phone bill. The most important way is avoid these illegal charges (known as “cramming”) is also the most basic:

-Read your bill—all of it. Identifying crammed charges is easy if you keep a close eye on your monthly phone expenses and spot any unwelcome additions. Another simple way to find cramming is to avoid charging anything to your phone and wireless bills (examples include charitable donations via text message, voting charges for reality shows, weekly horoscopes and ring-tone services). Then any charge that you didn’t authorize is likely a result of cramming.

7 biggest car-buying rip-offs. Leasing is certainly cheaper than buying—at first. But …

When you lease, all you’re paying for is the difference in the car’s value from the day you take it off the lot till the day you return it, plus interest and fees.

But, once the lease term is up, you’re back to having no car and you’ve got to start all over again.

(LIST: Top 10 Most Valuable Used Cars)

9 ways golf can help with money management. Both may occasionally cause you to want to throw something in frustration, and both are known to attract enthusiasts who dream of achieving the “Cinderella story” by hitting it big, either at Augusta or with a few smart stock picks. The point here is that a similar approach can work for golf and money management alike:

Golfers have to choose the right tool-you don’t use a sand wedge on a green. Managing your money requires you to pick the right tool to match your goal. You don’t put the grocery money in a risky investment.

10 coolest cars under $18,000. Number one on the list, from Kelley Blue Book, is the 2012 Fiat 500:

Regardless of what the Hello Kitty mafia would like to believe, cute isn’t cool. Not usually, anyway. But that’s because cute is rarely backed up by substance, as it is in the 2012 Fiat 500. It’s seven inches shorter than a Mini Cooper and positively adorable, but spend a day driving Fiat’s first U.S. offering in 28 years and you’ll discover a comfortable, livable, well-built sub-compact car that just happens to have 10 times the personality of some of its cookie-cutter competitors.

(LIST: Top 10 Diesel Cars)

10 reasons to shop online rather than in-store. Price comparison is quick and easy, the Internet never closes, and, oh yeah, you save on gas and time by shopping online because you don’t have to go anywhere. Also, there’s no need to clip coupons to get discounts:

Finding the coupons you want online is simple, and there is no cutting required! Simply find a coupon aggregator that you love, then search for your favorite merchant and use coupon codes online. All you have to do is click to save instantly at your favorite stores! There are many different coupons online that can save you tons of money, including ones for free shipping!

16 tips for saving money on summer utility bills. Eat corn-on-the-cob raw to save on cooking costs? Hmmm … Perhaps not all of these tips are practical or pleasant. But using a clothes line rather than a dryer makes total sense:

Make that summer heat work for you: dry your clothes on a clothes line. The idea of running a heater in your house in the middle of summer just seems downright goofy. Plus, those clothes dryers wear out your clothes about ten times faster. I once set up a clothes line and had some people that claimed to be “green” get upset because they felt it looked “trashy”. Here’s a news flash: those clothes on the clothes line are your eco flag! Wave it proudly!

Read more: http://moneyland.time.com/2011/06/24/83-money-tips-free-landscaping-supplies-coolest-cars-under-18k-life-lessons-from-the-rich/#ixzz1QTXF2p9O

daily tips | how to keep make money at 107 years old

Wednesday, January 19th, 2011

Eight years ago, at age 99, Leonard McCracken failed the eye test for renewing his driver’s license. He put his Lincoln Continental up for sale and got $1,600. “I sold it in three days — I got a good price. I love to haggle,” he says.

McCracken, who lives in Florida, has been living in retirement since about 1969, when he left a position as a salesman with a now-defunct steel company in Ohio. Since then, he’s been living on savings, Social Security and a lifetime annuity that he purchased before he retired. He has never had a pension. At 107, after living in retirement for 41 years, he’s still paying the bills and getting by on his own resources.

“Dad never made more than $10,000 a year in his life,” says his son Bob, a 73-year-old retired GE aircraft engineer.

How does a guy with modest income manage such a retirement planning feat? McCracken points to a half-dozen basic principles that have gotten him through life and continue to serve him well.

Thrift

In his whole life, McCracken says, he has only owned two new cars. The rest of the time he bought used. He still shops at the thrift store. And he remembers vividly the time that his wife was holding a garage sale and left him in charge. When she returned, he had sold the living room sofa for $100. “I had a very understanding, frugal wife (Dorothy, who died in 2002 at 95 after 75 years of marriage). We gave up a lot of things that other people were buying in order to break even.”

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Leonard McCracken

Real Estate Investments

McCracken bought and sold 35 houses in his life, including five that he built himself. His son, Bob McCracken, says his parents “always invested in a nice house and that has helped my dad. He is living off the equity in the last home he and my mother owned.”

The elder McCracken agreed that buying and selling real estate was a smart move for him. “We didn’t make a lot of money in every case,” he says. “But we made something and that helped.”

What is his advice for current owners of real estate? “It’s bad now, but it will come back,” he says. “And people who buy now, they’ll make a lot of money,” he says.

Use Debt Well

During the Great Depression, McCracken worked for a bank. He watched people lose their shirts and learned from it. Throughout his life, he borrowed when he had to, but he borrowed as little as possible, he says, and he paid it back as quickly as he could.

Work Even When Jobs Are Hard to Find

McCracken was unemployed about 45 years ago after his previous employer went bankrupt. He had to take a job driving a truck that paid $5 per day. It was a low point in his life, but between that and a commission sales job that he took at night, he and his family muddled through until he got back on his feet.

Save and Invest Conservatively

All of McCracken’s money is in CDs and bonds. He’s always avoided the stock market, even when people who purported to know more than he advised him differently. “When the economy tanked, he made a lot of us look real silly,” Bob McCracken says.

Stay Healthy

McCracken has hung onto his health and his wits and has had no major medical bills at all throughout his entire life. It has only been in the last year that he’s needed a little assistance. And even then, he doesn’t need much, his son says.

Copyrighted, Bankrate.com. All rights reserved.
sources : yahoo.com

how to monetize your blog or website

Saturday, March 6th, 2010

here i brought you a simple tips to monetize your blog so you can can get a few dollar from internet and then you can start renovate your living room design :D .  this tips are taken from another website, don’t mind to copy it but i hope it is useful to all daydaily.com readers. the tips will be explained in ten points.

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I’m co-leading a discussion session at Wordcamp about Monetizing Blogs, so I thought I’d also touch on it here with a post about 10 Ways to Monetize Your Blog.

First, I should preface this discussion by saying you first need to seriously evaluate whether you want to work at monetizing your blog. Steve Pavlina has a very thorough post that goes over what’s necessary to really do this well, and why the majority of people who try end up not generating significant income.

Second, you have to make sure that making money from your blog directly is your goal. For example, for this blog direct income isn’t my goal. I didn’t have ads at all untli recently, and the only reason I added them was to use the ad network management application I’ve been working on called RMX Direct. It’s quite possible that your blogging goals may just to network, write about something you’re interested in, or serve some business purpose that isn’t direct income generation.

With that out of the way, let’s get started:

1. Contextual Advertising

Surprise, surprise. Advertising is easily the most popular blog monetization tactic, mostly due to it being the easiest thing to implement. Advertising comes in many forms, and contextual advertising is the most popular due to Google Adsense and it’s general success with blogs and niche sites.

I’m going to assume everyone reading this is familiar with it, but I think it should be mentioned that too many bloggers assume that Adsense is the best solution for their blog. For some blogs and topics it works great, for others, not very well at all.

My advice is to not limit your blog to one ad network or just one form of advertising. Other contextual options include the Yahoo Publisher Network, Chitika, Clicksor, AdSonar, and others. It’s not easy to manually test all these though if you’re shuffling ad tags around and randomly allocating your impressions to them, using a ad network management tool like RMX Direct can help you manage, evaluate, and control your various ad networks.

2. Display Advertising

As I mentioned above, contextual networks aren’t always the best solution for blogs. In some cases there aren’t enough advertisers in niche topics, and in others the users just isn’t likely to click. In this case, you want to be working with ad networks that provide CPM display advertising. This means you get paid something for every ad viewed, opposed to only getting paid per click.

Just like with contextual networks, it’s important to use multiple display ad networks to get more variety from your ads, to not let any one network control your inventory, and to make sure you’re earning the most amount of money possible.

3. Targeted Advertising

The most desirable form of advertising is having companies that wish to pay good rates to advertise on your blog directly whether it’s text or image ads. Many bloggers feel that this is a pipe dream, but I speak from experience from running a wakeboarding blog for many years that you can make solid income from targeted advertising without having insane amounts of traffic.

There are a number of key things you have to do though in order to get this type of advertising:

  • Have a blog with leading content in your niche and a professional design
  • Create a “media kit” which is essentially a page on your blog that explains that you take targeted advertising, what your rates are, demographics of your users, your traffic levels, examples of the types of ads people can run, testimonials from any companies that have advertised with you, and a phone number and email address they can use to get more information.
  • Have obvious “Advertise On This Blog” links in key places on your blog.
  • Give a company or two in your niche free or very low-cost advertising in order to get the ball rolling. When advertisers see their competitors or companies similar to them advertising, they get the idea that it’s available. If all they ever see is Adsense ads, they might not realize it’s an option.
  • Be willing to be creative to help your advertisers achieve their goals, and lower your price to get the deals.
  • Provide statistics and results to your advertisers. Use an ad server like RMX Direct, phpAdsNew, or something similar which has the ability to create reports per advertiser.

Once you’ve set your blog up properly, start approaching companies in your niche who will want to reach your traffic. You don’t need to go after the biggest companies, there are many small companies who are looking to get better results from the web, and they might not even know about your blog. You don’t need to be an ad sales professional, you just need to present your case well on why they’re missing out if they don’t advertise on your traffic. Make it easy on them to work with you, help them create ads, help them determine what sizes to use, and work with them to make sure they get the results they need. It seems like hard work at first, but after you get a solid base of advertisers going, it’s a great source of income and it starts to streamline.

4. Text Link Advertising

Another somewhat unobtrusive form of advertising is using services like Text Link Ads or Adbrite to sell text ads directly to companies. This is pretty low effort and often doesn’t take up too much space on a site, so it’s easy to implement and try out. It should be noted though that you need significant traffic for it to be a big source of income.

5. Affiliate Links

One of the older web monetization methods is still as good today as it’s always been. If you’ve got a blog in a specific area, there’s a very large chance that there are companies out there that sell products or services your users are interested in. You can earn some nice income recommending or linking to those products.

Amazon.com is probably the most common affiliate merchant used by bloggers, but I’d advise finding other unique merchants who may pay better and be more specific to your topic. Amazon is always there as an option, but you’re more likely to get more help from the merchant if you go with a smaller company.

Another nice thing about affiliate links is that they fit well with quality content. Reviewing products and services for your users is valuable content, and if you can make money off it as well it’s a great combination. A word of warning though that you shouldn’t change your reviews or be biased due to the fact you can make money off a referral.

While traffic also helps for affiliate links, it can sometimes be an easier way to generate income without high traffic levels like advertising requires. As an example I did a review of a web analytics application a couple of years ago, and this blog had very little traffic at that point. I referred two sales through that review though that still earn me $150 a month every month two years later.

6. Selling Your Content (Ebooks, Videos, DVDs)

If you’ve got great content, another option is to package it and sell it. There are numerous bloggers who have created ebooks and even real books based on their blog content and made great income selling them. You can also expand to infoproducts like videos, DVDs, audio CDs, and printed books on demand.

This can take some significant work and it requires great content to actually sell, but it can be a nice income stream that lasts a long time.

7. Consulting

Depending on your topic and your level of expertise, you can sell consulting services. If you’re a web analytics expert, you could offer web analytics consulting services on your blog for an hourly fee. This takes very little work to setup beyond creating a page outlining your services, getting a standard contract, and having a way to take payments from companies. Again though, it just takes a little bit of effort to let people know that consulting services are available.

8. Donations

Not quite as common as it once was, it used to be fairly common for bloggers to ask for donations on their blog through Paypal or some other service. This only works if you have a dedicated userbase, and a large enough number of users that their donations add up. I wouldn’t recommend this if you’re also putting a lot of advertising and other monetization methods on your blog. You’ll come off as a bit too greedy in that case.

9. Selling Products

Besides infoproducts, you can sell real products like t-shirts, bumper stickers, clothing, or whatever other kind of merchandise makes sense for your topic. Companies like Goodstorm, CafePress, Lulu, and others make it easy by creating the products based on your design and letting you set up a shop. There is no risk to bloggers, which makes it a great opportunity.

10. Selling Your Blog

Perhaps the most extreme of the blog monetization methods, but it can be lucrative! If you aren’t attached to your blog and are willing to part with it, you can usually find a buyer for it. Your blog must be pretty good, and have a level of traffic worth buying, and it really helps if you already have some income streams going for it. Blogs usually sell for 12-24 times monthly revenues, and there are numerous places you can sell them like eBay and the Sitepoint Marketplace.

Conclusion

It definitely takes some work to monetize your site well, and having good traffic really helps out. Work on building a blog with a solid userbase, and you should be on your way to generating income using any of the methods above. Good luck, and please share any blog monetization experiences you have in the comments.

Update: I was pointed to a similar post by Darren Rowse at Problogger.net that is also a recommended read on the subject of making money from your blog. He mentions many of the same things, and has a couple I didn’t mention as well.

sources : www.conversionrater.com

The Case for an Energy Tax

Tuesday, December 15th, 2009

I do a fair amount of public radio.  It’s usually a staid, polite conversation among the guests, even when there are sharp disagreements.

But a few weeks ago, I nearly leaped across the table and went after one of my fellow guests.  Fortunately I resisted the urge (barely) and the segment ended without a brawl.  (The brawl would have been awkward since there are no commercial breaks, and it’s not obvious what the host what have done.)

Why did I contemplate this escalation?  The program host was discussing the cap and trade legislation currently being considered by Congress, and my fellow panelist asserted emphatically that Congress should not do anything that would raise the cost of carbon emissions because “it would be bad for the economy.”

Those are not normally considered to be fighting words.  The statement was relatively banal and, without much scrutiny, could easily pass as common sense.  What made me so angry?  The guest’s opinion — the notion that anything with short-term adverse economic effects must be bad public policy — is the epitome of everything wrong with our current political discourse.  It suggests that Congress should avoid doing anything with short-term costs, even when the long-term benefits are potentially huge.  That’s dangerously wrong.

To explain why, let me make some comparisons to other aspects of life:

Medicine:  “I’m not going to let me daughter have chemotherapy to treat her leukemia.  That will make her feel nauseous, and she’ll lose her hair.”

Education:  “We’re not going to save for college.  Then we won’t be able to go out to dinner as often.”

Business:  “We can’t build a new plant to expand production.  That would lower our profits this quarter.”

Health:  “I’m not going to exercise.  It makes me tired and sweaty.”

Military:  “I’m not going to storm that beach.  People will shoot at me.”

The Current Financial Crisis:  “Why should I borrow less?  Then I won’t be able to afford this big house.”

As in the rest of life, everything worth doing in public policy — all of the investments that have enabled us to build a great nation and all of the things we must do in the future — involves some sacrifice in the present.  This is now the case with carbon emissions.

All reasonable evidence suggests that climate change poses serious, long-term harm.  Any solution must involve raising the cost of carbon emissions, either through a carbon tax, or through cap and trade legislation (which does the same thing in a more roundabout, less transparent way).  The economics are quite simple:  If you want to discourage some activity, make it more expensive.  We know that people use less energy when prices go up.  Did you see what happened when gas went to $4 a gallon last year?

Enough Sloppy Thinking

If you’re not persuaded by the fusillade of evidence on climate change, a carbon tax is still a good idea because it’s a “better” tax than the alternatives, which discourage productive activities like working, saving, or investing.  Taxing carbon discourages traffic congestion, it ameliorates more traditional air pollution, and it helps to wean us from nasty foreign oil producers.

Even the notion that a carbon tax would be bad for the economy in the short run is debatable.  I have argued repeatedly (including as part of a Congressional campaign) that any tax on carbon-based fuels or CO2 emissions should be at least partially offset by cuts in the income tax or the payroll tax.

Or we could simply use the carbon tax revenues to give a lump-sum rebate to all American households.  In that case, households whose carbon emissions were lower than average would come out ahead; their rebate would be larger than what they would pay as the result of the new carbon tax.

Households with a larger-than-average carbon footprint — meaning that they are imposing disproportionate harm on the rest of us — would end up worse off; their carbon tax bill would be larger than their rebate.  This does not strike me as one of the great social injustices of the 21st century.

The cuts in the income or payroll tax (or the rebate to households) would help to offset the economic impact of higher energy costs.  And with advance notice, households and businesses could minimize the impact of a carbon tax by investing in conservation and non-carbon-based energy sources.  That’s the kind of tax avoidance we like.

Given the current deep recession, we could even introduce the income or payroll tax cuts now and then phase in the carbon tax in a year or two, after the economy has recovered.  We would get a stimulus in the present while guaranteeing higher government revenues in the future (to begin paying down our staggering national debt).  The phase-in would also give firms and families time to prepare for the rising cost of non-renewable, carbon-based fuels.

There is a lot to discuss about a more sensible energy policy beyond “it would be bad for the economy.”  As someone who has spent a lifetime in public policy, I have a lot of tolerance for disagreement.  That’s what informed, thoughtful people do, and we’re better for it.

But I have virtually no tolerance for what I would describe as sloppy thinking.

sources : yahoo.com

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