Today begins a daily, state by state, look at the financial impact of the Waxman-Markey Cap and Trade Tax Bill. Everyday we will show you the projected losses in Gross State Product, Personal Income, and Non- Farm Jobs in a different state.
Detailed information on this and other energy taxes can be found in the Americans for Tax Reform Energy Tax Analysis, May 2009.
Alabama:
According to a study by Karen Campbell, Ph.D. and David Kreutzer, Ph.D. at the Heritage Foundation, Alabama will suffer the following losses in 2012 as a result of Cap and Tax:
- A decline in Gross State Product of -$1,905,440,000.
- Total Personal Income Loss of -$2,667,830,000.
- Non-Farm Job losses of 23,910.
Contact your Senators today and tell them to VOTE NO on the Waxman-Markey Energy Tax.
Senator Jeff Sessions: (202) 224-4124
Senator Richard C. Shelby: (202) 224-5744