> Income tax hikes are dead on arrival while Republicans control the Senate and White House. Such a steep increase also isn’t likely to find much support among many congressional Democrats.

And rightfully so. When pretty much everyone benefited from lax climate controls and externalities that are not directly included in the price of a product or service, why should only on special group pay for it? If there were a global move towards pricing in climate change into the end price, however that may work, I would strongly suggest that everyone has to pay their share. Or am I missing something here?