Any one of these should be enough. Here are the first six.
National Energy Tax: This is a tax that will affect constituents in every aspect of their lives. From transportation, to food, to electricity, to income – this is the ultimate regressive consumption tax to the tune of nearly $3,000 per year according to the Heritage Foundation. The costs per family for the whole energy tax aggregated from 2012 to 2035 are estimated to be $71,493.
Exacerbates the Economic Crisis: Studies from numerous independent research groups, including MIT, the Heritage Foundation, and CRA International, all agree that implementing a massive cap and tax scheme will cost millions of jobs, reduce earnings for the average U.S. worker, and devastate GDP.
Massive Job Losses: According to the Heritage Foundation, employment will be lower by 1,105,000 jobs per year. In some years, the national energy tax will reduce employment by nearly 2.5 million jobs.
Winners & Losers: The bill transfers wealth from rural areas to cities. States like California, Washington, and New Jersey would receive more emission credits than they need, enabling them to sell surplus credits to smaller facilities in states like Ohio that receive maybe half of the credits they need – making the rich, richer, and the poor, poorer.
Little Environmental Impact: The bill will cost consumers trillions of dollars, while reducing, by a very small amount the carbon dioxide that is contained in our atmosphere. World-wide emission reductions would be negligible without the full participation of all nations. Additionally, just because the government requires a certain decrease in emissions within a certain timeframe, does not mean such decreases can occur in that time period.
Green Jobs Are a Proven Failure: According to a recent study (PDF) that reviewed the impact of “green jobs” in Spain, the U.S. can expect 2.2 jobs to be destroyed for every 1 renewable job financed by the government. Only 1 in 10 of the jobs actually created through green investment is permanent, and since 2000, Spain has spent 753,778 U.S dollars to create each “green job,” including subsidies of more than $1,319,783 per wind industry job.