Carbon Taxes as Part of the Fiscal Solution

Carbon Taxes as Part of the Fiscal Solution / William G. Gale, Samuel Brown and Fernando Saltiel. Brookings Institution, March 2013, 19 p. http://www.brookings.edu/research/papers/2013/03/12-carbon-tax-gale Summary of key lessons (© Brookings) : The United States faces substantial and unsustainable medium- and long-term budget deficits, which will require a combination of tax increases and spending cuts to resolve. A carbon tax could raise significant revenues, with several additional positi..