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	<title>Sightline InstituteDoes I-732 Really Have a “Budget Hole”? - Sightline Institute</title>
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		<title>Does I-732 Really Have a “Budget Hole”?</title>
		<link><![CDATA[https://www.sightline.org/2016/08/02/does-initiative-732-carbon-tax-have-a-budget-hole/]]></link>
		<pubDate>Tue, 02 Aug 2016 13:30:08 +0000</pubDate>
		<description><![CDATA[To the digit that anyone can accurately forecast, the tax swap is revenue-neutral.  | UPDATE, AUG 4: We added the first graph, below, to illustrate our analysis. UPDATE, AUG 3: Friends have suggested that basing some of our analysis on the sum of state tax revenue unfairly biases it in favor of I-732, something we certainly didn’t intend. Our estimated $78 million average annual shortfall is just 0.37 percent of $21 billion in state tax revenue, but it is 3.9 percent of CarbonWA’s $2...]]></description>
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