How is it that we are not deploying a carbon tax and using that to reduce payroll taxes that discourage hiring and shrink corporate taxes that reduce investment? Many economists — left, right and center — agree that a carbon tax, with adjustments for low-income earners, makes a world of sense. How is it that our two parties cannot agree on imaginative solutions to ease the burden of $1.2 trillion in outstanding student loans — by, say, enabling graduates to pay off student loans with pretax income, the same way we allow workers to save in 401(k)s? The Highway Trust Fund, the primary source of financing for roads and mass transit is going broke primarily because House Republicans won’t agree to an increase in the federal gasoline tax, which has not been raised since 1993!
Finally, now that Obamacare is the law of the land, Republicans should be joining Democrats to strengthen it and expand its tools to cut medical costs — rather than keep trying to kill a market-based health care solution that was originally a Republican idea.