From the ATR website.
The Institute for Energy Research has created a calculator that will allow households to see how much the American Power Act is going to cost them.
The Burden Calculator
allows people to input their financial figures into pre-set categories and then compute the dollar amount of income lost from Kerry-Lieberman’s tax hikes.
The calculator was established in response to the Kerry-Lieberman proposal known as the American Power Act (APA).
Currently, Senate Majority Leader Harry Reid, D-Nev., is trying to push the APA onto the Senate floor before recess.
The Burden Calculator is a terrific tool for anyone looking to discover the truth behind the Democrat’s proposal.
For example, if your household makes $5,000 a month and you spend $4,000 on everyday expenses, the Burden Calculator predicts that you will forfeit over $1,000 annually if the American Power Act is passed.
Furthermore, IER research shows that cap-and-trade legislation would cause the loss of over 500,000 jobs by 2015 and more than 5.1 million by 2050.
With a struggling economy and incompetent politicians in control, America cannot afford higher taxes and fewer jobs.
IER’s Burden Calculator allows Americans to put a numerical value on how devastating this proposal really is.
© 2013 Newsmax. All rights reserved.