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Could A Revenue-Neutral Carbon Tax Work In Massachusetts?

An advocacy group in Massachusetts is proposing a revenue-neutral carbon tax that could potentially increase taxes on gas, but at the same time would reduce income and sales taxes. (AP Photo/Elise Amendola)

An advocacy group in Massachusetts is proposing a revenue-neutral carbon tax that could potentially increase taxes on gas, but at the same time would reduce income and sales taxes. (AP Photo/Elise Amendola)

There’s been plenty of tax talk swirling around Beacon Hill as of late. But an advocacy group here in Massachusetts suggests they have a way around the predictable tax debate, proposing a revenue-neutral tax plan on carbon.

Guests

Gary Rucinski, co-founder and chairman of the Committee for a Green Economy

Robert Rio, senior vice president of governmental affairs for the Associated Industries of Massachusetts

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Full Carbon Tax Economic Study: “The purpose was to evaluate whether a carbon tax and the recycling of its revenue can create jobs…”

The Boston Globe: “The Committee for a Green Economy’s thought is to take any new money raised and use it, dollar-for-dollar, to cut other state taxes — making it revenue-neutral, in other words.”


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