The Obama administration intends on implementing a ‘Cap and Trade’ bill by May of 2010 in hopes of curbing the emission of harmful greenhouse gases and reducing pollution. Not only would the legislation fail to effectively reduce emissions it would cost American citizens billions in taxes. Here’s what you need to know about the ‘Cap...
On June 26th the House of Representatives passed H.R. 2454: The American Clean Energy and Security Act of 2009. Under this system, the government will issue a fixed number of carbon credits that will give the bearer the right to release carbon into the atmosphere over the course of a year. In future years, the...
A Tax Plan for Our Brighter Future paper-digital In Louisiana’s Comeback: A Tax Reform for Our Brighter Future, the Pelican Institute identifies the state’s significant tax problems and proposes a path to set the state in a brighter direction, including flattening the personal and corporate income taxes to 3.5% rates, reducing the number of tax preferences, eliminating...