Call it whatever you like, it’s still the most regressive tax imaginable.
WASHINGTON DC (March 26, 2021) – Today, the American Energy Alliance (AEA), the country’s premier pro-consumer, pro-taxpayer, and free-market energy organization, reiterated its opposition to a carbon tax – in any form – in reaction to the news that the American Petroleum Institute has endorsed a “price on carbon.”
AEA President Thomas Pyle issued the following statement:
“Let’s be clear. A price on carbon is a tax on energy. A national energy tax is an easy position for big, multi-national companies to embrace because it gives the federal government what it wants (more tax revenue); attempts to appease the greens (it won’t); and compels customers to pay more in taxes to the federal government in the false hope of avoiding additional future regulations (the progressives have already ruled this out).
“Those who are left out of the conversation are consumers, small businesses, the poor, seniors, and those on fixed incomes – basically everyone.
“I have been advocating for years that the House and Senate should debate and vote on a clean bill to create a federal carbon tax so that the American people can clearly see where their elected representatives stand on this issue. I look forward to a robust public discussion about how the Biden Administration, Congressional Democrats, and big business, including some integrated oil companies, are united in support of imposing the most regressive tax imaginable on American voters.”
Additional Resources:
- Under Biden’s Plan, Energy Prices Go Up, And That’s The Point
- The Unregulated Podcast #26: Tom and Mike on the Fall of King Cuomo and the Resurgence of the Carbon Tax
- Democrats Officially Declare War on Affordable Energy
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