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 South Carolina.
According to a study
by Karen Campbell, Ph.D. and David Kreutzer, Ph.D. at the Heritage Foundation, South Carolina will suffer the following losses in 2012 as a result of Cap and Tax:
- A decline in Gross State Product of $1,756,350,000.
- Total Personal Income Loss of $2,430,580,000.
- Non-Farm Job losses of 23,482.
to the Heritage Foundation’s study further shows an:
- Increase in Electricity Prices from 2012-2035 of $706.46 per household.
- Increase in Gas Prices from 2012-2035 of $0.60 per gallon.
Contact your Senators today and tell them to VOTE NO on the Waxman-Markey Energy Tax.
Senator Jim DeMint: (202) 224-6121
Senator Lindsey Graham: (202) 224-5972
Senator Graham Co-Authored an Op-Ed In the New York Times
with Senator Kerry this weekend in support of the Boxer-Kerry Energy Tax. Sentor Graham supports the National Evergy Tax as well asprotectionism, “ we should consider a border tax on items produced in countries that avoid these standards
,” and price controls, “The central element is the establishment of a floor and a ceiling for the cost of emission allowances
Contact Senator Graham and urge him to rethink his disasterous policies.