Nutty willingness to pay measure behind EPA's claim that its new regulations will produce $2 trillion in benefits
Even if people thought that the rules would ever result in policy change, they may not think that they will be the ones to pay it. After all, half of the working people in the US don't pay income tax so if they think that taxes will rise, they might think that burden will entirely be picked up by someone else. A critical evaluation of the EPA claimed benefits from the new Clean Air Act Regulations is available here.
Labels: Environment, Regulation
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