Agricultural blogs and lobbyists are busy condemning a "cow tax" being considered by the Environment Protection Agency. See here and here and here. I tried looking for the original EPA document but it was taking to long. Derivative articles said the tax would be be $175 per dairy cow, $87.50 per head for beef cattle and a little more than $20 per pig.
Agricultural industries are condemning the tax, of course, as any industry opposes government action that hurts it and favors government action that benefits it. I'm told that people and professors are the same way.
However, if you think that global warming is a problem we must confront, and if you believe in capitalism, you should not oppose the cow tax. No champion of capitalism believes taxpayers should help firms pay for their cost of production. If a firm cannot sell a good for more than it costs them to produce, they should not be in business. If firms should pay the cost of the labor they use, they should also pay the cost of the pollution they emit. That includes pollution from cows, if such pollution exists.
Wednesday, November 19, 2008
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- 2008 AGEC 4213 Nerd of the Year!
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- Explaining Price Indices
- Beef, Pork, Chicken, and Egg Consumption: 1910-2006
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- Gains From Trade...And Love
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- Oklahoma where the wind comes sweeping down the pl...
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- Farm Animal Welfare: A Rare Statement of Truth
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- Explaining "Stimulus Package" to Students
- The Cow Tax
- The Market for Organic Eggs
- For Misplaced Southerners
- The Utility of Positive Emotion
- The Great Depression - We Learned Nothing
- Politically [un]Popular Ethanol
- Food Tales
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- Cage Versus Cage Free
- The Cost of Happy Hogs
- The Importance of Economics
- Interesting Ag Facts
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- Why Not Just Say "Farmer"
- The Pitfalls of Organic Food
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- Beef Prices in the 80's
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- I, Broom
- Hello From Detroit
- God is Dead
- Laissez-Faire Higher Ed
- Secretary of Ag Michael Pollan
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- Steven Horwitz's An Open Letter to my Friends on t...
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