WhatFinger

New carbon tax will significantly raise the cost of living for American households

Heritage Foundation Weighs Impact of Carbon Tax


In this forum, we have been discussing the serious problems with a carbon tax for years. For example, here is my study showing the weakness in the standard academic case for a carbon tax, and here is my study showing that the calls for a "revenue-neutral carbon tax swap deal" are very misguided. The Heritage Foundation has just released its own analysis, by David Kreutzer and Nicolas Loris, showing the negative impacts of a carbon tax, which should help the public keep perspective in this debate. Heritage details three main problems, which I'll summarize in this post.
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