Remove Federal Program Remove Purchase Remove Study Remove Tax Credit
article thumbnail

MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions

Green Car Congress

Bush-era tax cuts are scheduled to expire at the end of 2012, leading to interest in raising revenue through a carbon tax. This revenue could be used to either cut other taxes or to avoid cuts in Federal programs. The study shows that this actually depends on how the revenue from the tax is used.

Tax 312