Jared Bernstein thinks it makes more sense to push for an increase in the gasoline tax than to try to enact a full-blown carbon tax. But he admits the point is moot: Republicans aren’t going to give either one the slightest consideration:
Yet here again, the action is sub-national, and some states have moved on this. As with all those state minimum wages, this creates a useful natural experiment wherein we can collect data on the impact of these state gas tax increases on their economies, budgets, and residents’ incomes. That way, if facts should once again matter, we’ll have some evidence as to the actual impact versus the ideologically inspired cartoon impact.
Damn! Did I miss out on the period in American history when facts used to matter? I’m bummed. Those must have been interesting times.