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House Energy and Commerce Committee Chairman John Dingell says he will propose a “carbon tax” on the burning of fossil fuels only to show how unpopular it would be, AP reports.
“I sincerely doubt that the American people are willing to pay what this is really going to cost them,” Dingell said.
His proposal would boost the federal gas tax by 50 cents a gallon and establish a “double digit” tax on carbon dioxide emissions. The fuel tax is now 18.4 cents.
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Comments
Will Rep. Dingell make the carbon tax a “revenue neutral” tax, making another tax less, our use this tax to reduce the deficit, or what. I am sure that how the money is used is a key aspect of showing how acceptable a tax would be.
Larry Hands July 10th, 2007