Comment on Democrats Looking Anew at a Carbon Tax

Democrats Looking Anew at a Carbon Tax

“Opposition from a single moderate Democrat to corporate and income tax rate increases has revived efforts in the Senate to draft a tax on carbon dioxide pollution as a way to pay for the Democrats’ proposed $3.5 billion budget bill,” the New York Times reports. “Senator Kyrsten Sinema of Arizona has not advocated a carbon tax, which President Biden and other key Democrats have shied away from as a huge political risk.

 

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