The Cap and Tax Fiction

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This is an opinion item.

Author(s) The Wall Street Journal editorial board
Source The Wall Street Journal
Date June 26, 2009
URL http://online.wsj.com/article/SB124588837560750781.html
Quote
Quotes-start.png "When the Heritage Foundation did its analysis of Waxman-Markey, it broadly compared the economy with and without the carbon tax. Under this more comprehensive scenario, it found Waxman-Markey would cost the economy $161 billion in 2020, which is $1,870 for a family of four. As the bill's restrictions kick in, that number rises to $6,800 for a family of four by 2035." Quotes-end.png


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This item argues against the position Act should be passed on the topic American Clean Energy and Security Act.