Washington State carbon tax (green economy option)

Here’s a new 2-pager draft that uses a carbon tax to promote the Green Economy. It’s 50% revenue-neutral (focusing on cuts in property taxes, cuts in B&O taxes for manufacturing, a high-tech tax credit, and funding the Working Families Rebate), with the remaining 50% going to road maintenance, restoration of transit funding, energy efficiency programs, and clean energy R&D.

Feedback welcome! And BTW, previous 2-pager drafts are here.

PS. Some other good reads:

* Davis Oldham of Seattle CCL, “Why we need a national carbon fee and dividend”, Seattle Times, July 22: http://seattletimes.nwsource.com/html/opinion/2018736866_guest23davisoldham.html

* The Tyee, BC’s Quest for Carbon Neutrality: http://thetyee.ca/Documents/2012/07/21/TSS_BCs_Quest_for_Carbon_Neutrality.pdf (A PDF collection of articles.)

* CNNMoney, “Carbon tax gets unusual support” (“Calls for a carbon tax on fossil fuels like gasoline and coal are coming from a surprising quarter these days — Republicans.”) http://money.cnn.com/2012/07/30/news/economy/carbon-tax/index.htm?iid=HP_LN

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