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News Link • Economy - Economics USA

The Unpalatable Consequences of a Nationwide Carbon Tax

•, by Daniel J. Mitchell

I've been writing about proposed carbon taxes since 2012.

My message is simple and straightforward. It's possible to design a carbon tax that is theoretically appealing. Simply use all the revenue to get rid of some other tax that causes greater economic harm, such as the corporate income tax.

Which is basically the same argument that leads some folks to like the value-added tax.

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