Tax the Rich and Save the World
A movement to reshape the structure of taxation in the U.S. is gaining steam.
Climate superfunds are a sensible way to put some of the costs back where they belong, but we’ll get them only if the public demands them.
The stated rationale for jettisoning environmental protections is that they are inefficient and have “suffocated” the economy. But economic benefits must be weighed against costs, including impacts on human health.