by Jordan McGillis
The American Spectator
“Fundamentally, a carbon border tax is a mechanism by which a government raises prices for importers on goods made with affordable, carbon-based energy in other countries. Facing new costs themselves, those importers inevitably pass on higher prices to the rest of us. The plan Democrats introduced Monday includes new taxes on imports of petroleum, natural gas, and coal but also on cement, iron, steel, and aluminum — industrial staples the prices of which factor into countless goods Americans buy each day. The New York Times reports that such products make up 12 percent of all imports to the United States,” according to The American Spectator.