ATR Urges Support for Sen. Blunt’s Resolution Opposing a Carbon Tax
Americans for Tax Reform President Grover Norquist this week sent a letter urging Senate lawmakers to support Senator Roy Blunt's (R-Mo.) resolution opposing a carbon tax. Senate Resolution 472 expresses the sense of Congress that a carbon tax would be detrimental to American families and businesses and is not in the best interest of the United States.
ATR sent an earlier letter in May when the resolution was originally introduced thanking Senator Blunt for his continued leadership in the fight against any form of a carbon tax.
Below is the full text of the letter:
June 28, 2016
Dear Members of Congress:
Americans for Tax Reform strongly urges you to support and vote for Senate Resolution 472 being offered by Senator Roy Blunt (R-Mo.), which puts Congress on the record in opposition to a carbon tax.
A carbon tax would kill jobs in the United States, reduce economic growth, and set the stage for future tax hikes. Such a tax would drive up energy prices for American families and businesses, leading to an increase in the costs of consumer goods and reduced household income.
A carbon tax would be wholly regressive; falling hardest on low-income families who can least afford it. As the nonpartisan Congressional Budget Office pointed out, “low-income households spend a larger share of their income on goods and services whose prices would increase the most” as a result of a carbon tax.
A study by the National Association of Manufacturers found a carbon tax would: have a negative effect on consumption, investment and jobs; increase the cost of coal, natural gas and petroleum products thus resulting in higher production costs and less spending on non-energy goods; and lead to lower real wage rates, lower labor productivity, and decrease workers’ incomes.
Americans for Tax Reform encourages all members of Congress to support Senate Resolution 472.
Grover G. Norquist
Americans for Tax Reform
Photo Credit: Franklin Heijnen