As mentioned in a previous article, Trump’s “Tax Reform” requires a Carbon Tax to be economically and politically viable.
However, there is a big problem getting this Carbon Tax: time!
Compromise, or else Blue States Tax Their Carbon, First
If Trump does not deliever a comprehensively bi-partisan tax reform bill, the Right will forever lose the opportunity to tax carbon at a Federal level: Blue States will take the initiative and tax their own carbon emissions at a regional level, forever reducing any subsequent Federal carbon tax to a marginal source of revenue compared to what it could have been were there only a Federal carbon tax.
The Democrats Are in Control
Democrats control the governments in which state-wide carbon taxes would be implemented, and so Trump must capitulate to their terms in order to not squander the Right’s last chance to effectively tax carbon at a federal level and forestall much higher taxation in the near future.
The Democrats will help Trump out of his Climate-denier box by blaming France and the UN for “forcing” him to “reluctantly” tax carbon.