Why You Just May Come to Like a Carbon Tax

This article originally appeared in Real Clear Markets. Click here to read the full article.

By Ike Brannon

Tax reform may involve simplifying the tax code, but actually achieving such a thing promises to be a terrifyingly complicated process. The battle over how (and by how much) to reduce the various tax deductions, credits and exemptions that litter the code will be contentious enough; reaching agreement on how to divvy up the revenue generated by this exercise between reducing the debt and lowering tax rates seems almost intractable.