April 8, 2009
"Before Capping Carbon, Open Eyes to Local Costs"
By Tampa Tribune Editorial Board
The Tax Foundation has estimated that the average annual household cost would be $1,218, which is three times higher than the $400 tax credit being discussed for a single-worker family. In any case, credits distributed through the tax code would be a bad way to compensate for big increases in energy costs because those costs would be much higher in some areas than in others.