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Grover Norquist Buckles to Pressure From Koch-Backed Group on Carbon Tax

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Some readers took issue with yesterday’s post that characterized a carbon tax as a terrific but politically unlikely proposal, after the Obama administration shot down the idea last week. Putting a price on carbon emissions is, after all, generating renewed interest from across the ideological spectrum. Notably, the libertarian American Enterprise Institute is co-sponsoring a forum on […]

Yes, We Have No Carbon Tax

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About 12 hours after President Obama won re-election, Bloomberg News ran this tantalizing headline: “Obama May Levy Carbon Tax to Cut U.S. Deficit, HSBC Says.” The article suggested that a $20-per-ton tax on carbon emissions, rising gradually over time, could help reduce the deficit by half within a decade. Within the same story was the […]

UPDATE: Boehner’s Cryptic Message on Taxes

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UPDATE 1:47 p.m.: Speaker Boehner just sent out an email to reporters, highlighting media reports of his comments that assert that he doesn’t intend to raise tax rates. It clarifies his position that the election doesn’t equal a “mandate for raising tax rates” on the American people.  In a move likely calculated to distract attention away […]