In America, the victory of environmental regulation seems to be a foregone conclusion for many of the nation's largest companies. Companies like ExxonMobil and Wal-Mart, which have typically had very strong ties to Republicans, are among those incorporating an internal form of a carbon tax into their long-term financial plans.
I believe the average 7th grader would easily recognize the inherent absurdity of such a question. However, the average economic writer does not understand what the average 7th grader does.
Unlike my other so-called conservative brethren, such as Lindsey Graham, Bob Corker, and Saxby Chambliss, I have a very simple solution that both President Obama and John Boehner should be able to live with: Reduce the taxes on corporations and raise the taxes on corporations.
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