WHEN BIG BUSINESS WANTS HIGHER TAXES

Here's when you know a tax hike makes sense: when big business wants it: "U.S. Chamber Against Big Tax Hike in '08." With a presidential election looming, the Chamber calls for fiscal conservatism, but thinks a carbon tax to fund transportation infrastructure makes sense. The more forward-thinking corporations, most notably GE, have already altered their business models to account for such a tax, which positions them to do business in a way that maximizes both profit and environmental stewardship. So let's hope the man or woman who will be the next US president will step up and make this happen.