MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions
Green Car Congress
AUGUST 27, 2012
trillion in revenue, which could then be used to reduce personal or corporate income taxes, extend the payroll tax cut that expires this year, maintain spending on social programs—or some combination of these options—while reducing the deficit. —Rausch and Reilly (2012). —Rausch and Reilly (2012).
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