Bob Corker, a senator from Tennessee, wants to refund all the takings, by giving every American a rebate.
By giving every American a "rebate," it encourages people to cut back on their own carbon usage because someone can make money if, for example, they receive a $2,000 rebate check and only spend $1,800 on carbon-intensive activities.
Grayling's calculation is also based on a widely disputed figure of the UK handing £350m a week to the EU, which does not take into account the billions that the UK receives as a rebate every year.
But, apart from the administrative nightmares associated with giving every household a rebate, it would still not prevent transferring a substantial part of the current tax burden from those with annual incomes above $200,000, who tend to save a large part of their income rather than spending it, to those earning less.
Instead, every citizen would get an electronic rebate or a check every month, as they do from oil revenues in the state of Alaska.
To get the business, the PBM or plan typically guarantees a minimum rebate on every prescription, say $60.
Companies would receive a $1,000 rebate for every eligible worker employed, similar to a policy now operating in NSW.
Shortly after the election it announced a €400 rebate for every taxpayer, half of it paid in June and the other due in December.
Other plans include a $150 rebate for every income-tax payer to the state, and $300 for couples who file joint returns, at a total cost of $1.76 billion.
On Wednesday, Perk Street Financial is planning to announce that it will double, to 2 percent, its rebate on every dollar its checking account customers spend when they sign for purchases using their debit card.
Both Presidents stumbled over taxes -- Carter when he decided we didn't need a $50 tax rebate for every American because the economy was improving without it; Bush because he made a commitment that he couldn't keep forever.
