The ‘$3,000 Light-Switch Tax’ Myth
House Minority Leader John Boehner (R-Ohio) has been pushing the notion that President Obama’s cap-and-trade proposal (which he dubs a light-switch tax) will
Jul 31, 2020100.4K Shares2.2M Views
House Minority Leader John Boehner (R-Ohio) has been [pushing the notion](cost every American family up to $3,100 per year in higher energy prices) that President Obama’s cap-and-trade proposal (which he dubs a “light-switch tax”) will “
“„It has come to my attention that an analysis we conducted examining proposals to reduce greenhouse gas emissions, Report No., 146, Assessment of U.S. Cap-and-Trade Proposals, has been misrepresented in recent press releases distributed by the National Republican Congressional Committee. The press release claims our report estimates an average cost per
family of a carbon cap and trade program that would meet targets now being discussed in Congress to be over $3,000, but that is nearly 10 times the correct estimate which is
approximately $340.
Paula M. Graham
Reviewer
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