WhatFinger

Counterproductive package of new taxes, transfers and obstacles to economic growth and liberty

Study: The Other Half of Waxman-Markey: An Examination of the Non-Cap-And-Trade Provisions


The massive energy-regulating bill (H.R. 2454) the House of Representatives passed in June 2009 is now before the Senate. Though the cap-and trade program has received most of the media and public attention surrounding Waxman-Markey, the rest of the bill (at least 628 pages) could create economic harm just as great as cap-and-trade. Without cap-and-trade, H.R. 2454 might still be the most far-reaching, counterproductive package of new taxes, transfers and obstacles to economic growth and liberty ever assembled in one bill.

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