The power to tax is the power to destroy.
Presuming that the carbon tax would be applied to INTRAstate business transactions (corrections welcome), and given that a previous generation of state sovereignty-respecting justices had clarified that the states have never delegated to Congress, expressly via the Constitution, the specific power to regulate intrastate commerce, which is what a carbon tax would do, I don’t see where the carbon tax is constitutional.
”State inspection laws, health laws, and laws for regulating the internal commerce of a State, and those which respect turnpike roads, ferries, &c. are not within the power granted to Congress. [emphases added]” —Gibbons v. Ogden, 1824.
And how many states are fossile fuel self-sufficient which would would make it even more difficult for Congress to apply a carbon tax imo?
What am I overlooking?