TAG: Carbon tax swap

The Norquist Bombshell

Carbon tax swap

Grover Norquist, the influential lobbyist who has bound hundreds of Republicans to pledge never to raise taxes, said a proposed “carbon tax swap”—taxing carbon pollution in exchange for cutting the income tax—would not violate his pledge. This admission may help open the bipartisan dialogue on climate change, given the reluctance (to say the least) of Republicans to have those important discussions regarding the environment. On the heels of the election where the Americans who voted showed a rejection of the status quo environmental policy, it would behoove Republicans to jump on the progressive bandwagon, at least pertaining to reducing the… read more