Everything You Need To Know About Designing A Carbon Tax

Congress is looking for ideas on proposing a carbon tax.  This article explores many of the decisions that have to be considered.  The government has currently set the price at $20 per ton for carbon emissions.  That price seems to be too low in relation to long term emission reduction goals.  Congress will have to consider the relationship between pricing and emission targets.  There are also questions about how the tax affects different income groups that need to be considered.  Lastly, some states have already taken steps towards implementing a carbon tax.  How should national policy complement state initiatives?