Washington Post: President Obama returns from the campaign trail to face an epic year-end battle over taxes and spending. A relatively moderate-sized carbon tax could raise $1.25 trillion over the next decade, a huge chunk of the money needed to bring the federal budget deficit under control. And the idea is getting a closer look now that the election is over and the "fiscal cliff' is looming. Because it would tax fossil fuel use, the carbon tax pleases economists who want to encourage investment and discourage...
URL: http://www.washingtonpost.com/business/economy/with-fiscal-cliff-looming-carbon-tax-getting-closer-look/2012/11/09/23ab935a-2aad-11e2-96b6-8e6a7524553f_story.html
Enclosure: http://www.washingtonpost.com/rf/image_404h/2010-2019/WashingtonPost/2011/09/02/Health-Environment-Science/Images/CChange002.jpg
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