MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions
Green Car Congress
AUGUST 27, 2012
This revenue could be used to either cut other taxes or to avoid cuts in Federal programs. The first win—Congress could reduce personal or corporate income tax rates, extend the payroll tax cut, maintain spending on social programs, or some combination of these options. —Rausch and Reilly (2012). —John Reilly.
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