In our continuing, daily, state by state, look at the financial impact of the Waxman-Markey Cap and Trade Tax Bill, we will show you the projected losses in Gross State Product, Personal Income, and Non- Farm Jobs in Indiana. 

Detailed information on this and other energy taxes can be found in the Americans for Tax Reform Energy Tax Analysis, May 2009. 
Indiana:
 
According to a study by Karen Campbell, Ph.D. and David Kreutzer, Ph.D. at the Heritage Foundation, Indiana will suffer the following losses in 2012 as a result of Cap and Tax: 
  • A decline in Gross State Product of –$2,832,130,000
  • Total Personal Income Loss of –$3,687,930,000
  • Non-Farm Job losses of 35,846 
An update to the Heritage Foundation’s study further shows an: 
  • Increase in Electricity Prices from 2012-2035 of $507.92 per household.
  • Increase in Gas Prices from 2012-2035 of $0.70 per gallon. 
Contact your Senators today and tell them to VOTE NO on the Waxman-Markey Energy Tax.
Senator Evan Bayh: (202) 224-5623
Senator Richard G. Lugar: (202) 224-4814