Carbon tax is best option Congress has

A recent Washington Post editorial on tax reform suggests “a carbon tax is one of the best ideas in Washington almost no one in Congress will talk about.” The editorial highlights the Hamilton Project's "The Many Benefits of a Carbon Tax," in which Adele Morris of the Brookings Institution proposes a carbon tax as a new source of revenue that could also help address climate change.” The editorial notes Morris’ finding that even a modest carbon tax could help reduce the federal budget deficit by almost a trillion dollars over two decades. To read the full piece, click here.