The Cap and Tax Fiction

June 26, 2009

Wall Street Journal

opinion-editorial

The Cap and Tax Fiction
June 26, 2009
"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..."
http://online.wsj.com/article/SB124588837560750781.html

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