June 26, 2015

WE ARE ALL NEOCONOMISTS NOW:

Schumer's Carbon Tax Prediction (WSJ, June 24, 2015)

A carbon tax is the emerging fashion in Washington because it serves two goals: It collects heaps of revenue while raising the cost of energy from fossil fuels. [...]

Our view of a carbon tax is that it might be acceptable as part of a tax reform that eliminated--entirely--some current revenue source such as the payroll or corporate income tax. 

Posted by at June 26, 2015 7:39 PM
  

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