Economic Development

Implement a Tax Neutral Carbon Tax Shift – Replace Business, Sales and Property Taxes with a Carbon Tax

This proposal would: -repealing the state portion of the property tax (about 1/4 of the total property tax) -replacing the lost revenue with a carbon tax starting at $30-$50 per ton of CO2 (equivalent to $0.30-$0.50 per gallon of gasoline) -dedicating leftover revenue to offsetting impacts on low-income households; reducing the B&O (business) tax; increasing funding for K-12 math/science education; and/or funding ...more »


9 votes