US Pollution Taxes and Israel
By Taylor Marvin
I imagine this is a bit of an intellectual contradiction for congressional Republicans. On the one hand, any potential increase in US environmental taxation would be horrible policy that, like any tax increases in any circumstances, would necessarily reduce growth and lower total government revenue. However, Israeli environmental taxation as a percent of total revenue is one of the highest in the OECD, and to most Republicans the Israeli government is beyond criticism. I wonder if congressional Republicans see Israel’s fiscal policies as infallible as its foreign policy.