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Californians could face ‘double taxation’ with state, federal carbon taxes

Posted By admin On December 10, 2012 @ 6:39 am In U.S. News | Comments Disabled

Michael Bastasch
Daily Caller [1]
December 10, 2012

Last month, environmentalists cheered as California launched a cap-and-trade program, but talks of a federal carbon tax raised concerns about double taxation.

The San Francisco Chronicle reports [2] that while the chances of a federal tax on carbon emissions being adopted are still remote, California state officials are worried enough to have started discussing the prospect.

“We are aware that it is a possibility, and we have been considering it as of late,” said California Air Resources Board spokesman Stanley Young. “We want to make sure that California companies continue to transition into the program without any sort of disadvantage.”

“We promote the possibility of the federal government addressing climate change,” he said. “And on our part, we’re prepared to align our program in a way that allows California to move forward.”

Full article here [1]


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URL to article: http://www.prisonplanet.com/californians-could-face-%e2%80%98double-taxation%e2%80%99-with-state-federal-carbon-taxes.html

URLs in this post:

[1] Daily Caller: http://dailycaller.com/2012/12/09/californians-could-face-double-taxation-with-state-federal-carbon-taxes/

[2] reports: http://www.sfgate.com/business/article/California-faces-carbon-conundrum-4098030.php#page-2

[3] Federal Government Teaching Farmers to Participate in ‘Carbon Markets’ that Don’t Exist Yet: http://www.prisonplanet.com/federal-government-teaching-farmers-to-participate-in-%e2%80%98carbon-markets%e2%80%99-that-don%e2%80%99t-exist-yet.html

[4] Brown says he hasn’t filed federal, state taxes in 2 years: http://www.prisonplanet.com/brown-says-he-hasn%e2%80%99t-filed-federal-state-taxes-in-2-years.html

[5] Obama’s Commerce Nominee: Cap and Trade Good for ‘Hiding’ Carbon Taxes: http://www.prisonplanet.com/obamas-commerce-nominee-cap-and-trade-good-for-%e2%80%98hiding%e2%80%99-carbon-taxes.html

[6] Swedish PM calls for national carbon taxes in Europe: http://www.prisonplanet.com/swedish-pm-calls-for-national-carbon-taxes-in-europe.html

[7] Australian Federal Police could become carbon cops: http://www.prisonplanet.com/australian-federal-police-could-become-carbon-cops.html

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