How Biden’s No-Tax Pledge Could Sink His Climate Change Initiative

NurPhoto via Getty Images Nowhere is President Biden’s ambitious policy agenda more in conflict than in his triple aim of funding a major infrastructure initiative, attacking climate change, and never raising taxes on households making less than $400,000 ... Depending on how it is designed, it could raise a substantial amount of revenue to pay for clean water, more public transit, and better roads (though the latter may also conflict with his climate change goals) ... While the president has made fighting climate change one of his top long-term priorities, he has effectively precluded a carbon tax—arguably the single most effective tool to accomplish this goal.