Waxman-Markey Global Warming Tax Kills More Jobs and Kills the Economy

Written by Heritage.org


May 21, 2009
The Heritage Foundation

Cap and Tax Top Ten List

1. Cap and Trade Is a Massive Energy Tax

2. It Will Not Make a Substantive Impact on the Environment

3. It Will Kill Jobs

4. It Will Cause Electricity Bills and Gas Prices to Sharply Increase

5. It Will Outsource Manufacturing Jobs and Hurt Free Trade

6. It Will Make You Choose Between Energy, Groceries, Clothing, and Haircuts

7. It Will Be Highly Susceptible to Fraud and Corruption

8. It Will Hurt Senior Citizens, the Poor, and the Unemployed the Worst

9. It Will Cost American Families Over $3,000 a Year 10. President Obama Admitted "Electricity Rates Would Necessarily Skyrocket" Under a Cap-and-Trade Program (January 2008)


Waxman-Markey Bill: Dumb and Dumber

And What Do We Get After We Tax the Weather?

For more information, please visit: http://blog.heritage.org/2009/05/20/the-waxman-markey-global-warming-tax/

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