Petraeus et al. notwithstanding…
Americans for Tax Reform chief Grover Norquist says a carbon tax would not necessarily violate his group’s “no-tax” pledge. According to the National Journal:
In a step that may help crack open the partisan impasse on climate change, Grover Norquist, the influential lobbyist who has bound hundreds of Republicans to a pledge never to raise taxes, told National Journal that a proposed “carbon tax swap”—taxing carbon pollution in exchange for cutting the income tax—would not violate his pledge.
Norquist’s assessment matters a lot, and could help pave the way for at least a handful of Republicans to support the policy. Over the past six months, a growing number of conservative voices, including former Republican officials and renowned economists, have amped up pressure on their party to finally address climate change…
I will explain in a forthcoming commentary why a carbon tax is pointless and inflationary — regardless of any illusory tradeoff. Stay tuned.
Meanwhile, why is Norquist giving aid and comfort to greens who manufactured the “climate crisis” in order to arrest and control the economy?
I guess, Grover, it just depends whose ox is being gored. After all skyrocketing electric rates can be passed on to the consumer anyway. Just some more profit I guess. Soon, I won’t be able to afford my house, to keep it warm or cook the few beans I might be able to afford. but don’t worry about me. I’m 65 and Barry’s med counsel is goin’ to get me anyway. Thanks Grover for all the help.
Great, just what we need, a real tax on a phoney product supporting a voodoo science pseudo crisis propping up a social agenda. Yeech!