Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
GET INVOLVED
ATR ON TWITTER
FOLLOW US-
Blog: Tom Cross's hope for change to Obamacare - http://t.co/g6OFzp73 #atr ^
May 22, 2012 10:41 AM
joshuaculling -
ATR Urges North Carolina Legislators to Reject Anti-Free Enterprise Protectionism http://t.co/RIg4ejSB
May 22, 2012 10:17 AM
taxreformer -
ATR Releases 2012 List of State Taxpayer Protection Pledge Signers for May 22 Primaries http://t.co/maSodrTt
May 21, 2012 01:18 PM
taxreformer -
Senate Should Reject Importation of Foreign Price Controls on Rx Medicines http://t.co/ogZvZ0Yq
May 21, 2012 12:05 PM
taxreformer -
ATR Urges Illinois GOP Leaders to Stick to their Word on Tax Hikes http://t.co/XrCYJId0
May 21, 2012 10:17 AM
taxreformer -
In a @fxnopinion op-ed, @GroverNorquist urges Congress to bypass Obama and approve the Keystone pipeline http://t.co/43heBQhh ^
May 21, 2012 10:15 AM
ChrisPrandoni -
Blog: ATR urges Illinois GOP Leadership to stick to their word on tax hikes - http://t.co/FenLjInR #atr ^
May 21, 2012 10:12 AM
joshuaculling -
The Post Mortem on Maryland’s Special Tax Hike Session http://t.co/6nFjgjfF
May 18, 2012 04:18 PM
taxreformer -
What Tax Hikes Does Beth Anne Rankin (@BethAnneRankin) Support? http://t.co/dBs5DuV2 #AR04
May 18, 2012 03:23 PM
taxreformer -
What Tax Hikes Does Beth Anne Rankin Support? http://t.co/92cfRfYF
May 18, 2012 03:03 PM
taxreformer
Email
PrintCap and Tax…And Bureaucrats!
Just when you thought there weren’t enough bureaucrats and red tape in Washington, DC, the Congressional Budget Office (CBO) reports that the Cap and Trade program would add at least $7.5 billion in new agencies and bureaucrats.
The CBO reports (Page 32):
"Several federal agencies, including EPA, the Federal Energy Regulatory Commission (FERC), the Department of State, DOE, and others would be responsible for administering programs under H.R. 2454. Major new initiatives—particularly the proposed GHG cap-and-trade program and related activities, the proposed energy-efficiency and renewable electricity standard, and rebates for low income individuals—would significantly expand agencies’ workloads. In addition, many other provisions of H.R. 2454 would require federal agencies to undertake a variety of rulemakings, conduct studies and assessments, prepare reports, and carry out other activities related to new programs authorized under the bill."
The CBO estimated the gross appropriations would total $540 million in 2010 and $8.2 billion over the 2010-2019 period. Some agencies such as FERC, however, would be able to offset some of the costs with fees, bringing the net outlay of funding to $390 million in 2010 and $7.5 billion over the 2010- 2019 period. The fees would still have to be paid by someone (read: you), so the real cost of these new bureaucracies is still $8.2 billion for taxpayers.
These are CBO projections; some have estimated the actual costs to be much higher.
If the Waxman-Markey Energy Tax passes, not only do you get to look forward to higher energy bills, fewer jobs, and a diminished standard of living, you also get to pay for more and more Washington bureaucrats to take your money and run your life.
