Login or Register
Welcome , Settings |  Logout

Norquist: Americans for Tax Reform Opposes Carbon Tax

Wednesday, 14 Nov 2012 02:17 PM

By Newsmax Wires

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
Americans for Tax Reform (ATR) and its President Grover Norquist issued a statement Tuesday to clarify that he strongly opposes a carbon tax, Politico reports.

On Monday the National Journal quoted him as saying that if a carbon tax was offset by an income tax cut, “it’s possible you could structure something that wasn’t an increase and didn’t violate the pledge.” Most Republican congressmen have signed the ATR’s pledge against raising taxes.

“Americans for Tax Reform opposes a carbon tax and will work tirelessly to ensure one does not become law,” the statement says. “Taxing American energy consumption not only opens up a new revenue stream for proponents of big government, but threatens to forever damage the American economy.”

The statement includes Norquist’s own explanation. “The creation of any new tax such as a VAT [value-added tax] or energy tax — even if originally passed with offsetting tax reductions elsewhere — would inevitably lead to higher taxes as two taxes would be at the disposal of politicians to increase taxes,” he says.

“There is no conceivable way to add an energy or VAT tax to the burdens American taxpayers face that would not violate the pledge over time.” An energy tax or VAT tax would make sense only if the income tax was eliminated, he says.

Some economists, conservatives and environmentalists approve of the carbon tax idea, but Congress is so far showing little inclination to act on it, Politico reports.


© 2013 Newsmax. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Top Stories
Around the Web
You May Also Like

10-year-old Girl Killed after Gunmen Shoot into Calif Home

Monday, 20 May 2013 08:13 AM

Authorities were searching for at least two gunmen who walked up to the door of a Northern California home and opened fi . . .

More Storms, Tornadoes Expected in Central United States

Monday, 20 May 2013 07:58 AM

Violent thunderstorms were forecast to hit the central United States on Monday, threatening to bring additional hail, he . . .

2 FBI Agents Killed in Training Accident

Monday, 20 May 2013 07:55 AM

Two FBI special agents on the agency's elite Hostage Rescue Team have been killed in a training accident in Virginia, of . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved