Paul Solman: The third in this week’s series of conversations with economist Simon Johnson has to do with the cap and trade debate — whether cap and trade is a good idea, the feasibility of a carbon tax, and…

Question: Is California printing its own money? Paul Solman: Funny you should ask. The State of California Franchise Tax Board website currently features this statement: “We will accept registered warrants…towards the payment of tax liabilities.” State taxes, of…

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