Wednesday, September 16, 2009
Obama administration: Cap and trade could cost families $1,761 a year
The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent.
A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year. At the upper end of the administration's estimate, the cost per American household would be an extra $1,761 a year...
CNet: Obama administration: Cap and trade could cost families $1,761 a year
A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year. At the upper end of the administration's estimate, the cost per American household would be an extra $1,761 a year...
CNet: Obama administration: Cap and trade could cost families $1,761 a year
Permalink posted by markw @ 4:50 AM 
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