Carbon tax

Lots of talk today about the proposed new carbon tax that looks to be introduced in the next few weeks. We we speculating about the price per tonne of carbon perhaps being between $10 - $40 AUD. My guess is about $27 per tonne. This could mean that Aussie household will have up to $800 more in energy costs per year. However, the government is planning to compensate low and middle income earners with tax rebates or cash payments. This seems counter productive. However, if the "substitution effect" occurs then consumers will reduce they consumption of energy (from coal) and switch to more sustainable goods such as electric cars. Do electric cars sell well in the states?

America's most bizarre taxes

Australia, I'm sure has some strange taxes but check out this link
http://www.columnfivemedia.com/turbotax-infographic-americas-most-bizarre-taxes/

Hellow Texas

Good afternoon,

I have successfully set up some of the students and others are on the way. We also did a very quick welcome video too which I will post shortly. Your Mandarin is excellent and a couple of my Chinese students were very impressed. Now the pressure is on me to learn Spanish.

Nice to finally have a face (and voice) to connect to your posts

Setting up Blogs now

Just setting up our cyber space conversation now but need to get around the school firewall - kids are pretty good at it

Bloggging economically

How can having 2 parties on the same night be an example of opportunity cost?