House of Paine

tax rent maximo

 "tax  tinkering with 
  the  main income channels 
            is a fool's game ...."
                           willy brandt 

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  but then there are
                   pure rents 

 properly ID ed
                 pure rents can be
                          cropped off
                     at the roots 
       without producing
                 any "supply effects"
                                at all

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  case one:

 pumping  domestic crude oil 



 mission:

first 
  tease out 
the "brake even" production price
                         of each site 

second 
   apply well head specific 
             excess profit taxes 
 to 
 capture  the entire pure rent 

 third
  take the  revenue yield and...
  
   
    recycle it  into
            alternatives
             perhaps
           harness  
                  " self renewing" 
                      energy sources  like wind  

  zero distortion 
        thus 
 honest marketeers 
are neutralized 


too bad social markets aren't always 
so easy to jigger 
  free of blow back 
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