"The Energy Innovation and Carbon Dividend Act of 2018."

GURPS

INGSOC
PREMO Member
Democrat Florida Congressman Ted Deutch has introduced a carbon tax bill to impose a new national energy tax on the American people. The bill is a massive tax increase which will increase utility bills and the price of all products and services. In classic politician-speak, Deutch has dubbed it "The Energy Innovation and Carbon Dividend Act of 2018."

Shovels taxpayer money into a giant vat for IRS, EPA, and State Department bureaucrats.
The IRS and EPA will develop a cozy relationship -- and what's not to love about that -- to siphon cash from the vat of taxpayer funds for what the bill calls "Administrative Expenses" and "Other Administrative Expenses." For reasons unclear, State Department bureaucrats will also have access to the vat of taxpayer funds. What could go wrong?

Gives broad powers to IRS chief to find new products and entitites to be carbon-taxed. The IRS is directed to work with the EPA in order to find more tax targets: "Any manufactured or agricultural product which the [Treasury] Secretary in consultation with the [EPA] Administrator determines" is a tax target. The newly-carbon-taxed items will be added to the long list already specified in the bill: Iron, steel, steel mill products including pipe and tube, aluminum, cement, glass, fiberglass, pulp, paper, chemicals, and industrial ceramics.

Establishes a creepy DC-based "Carbon Dividend Trust Fund" that seeks a backdoor two-child limit on families.
The “Carbon Dividend Trust Fund” leftovers will somehow be routed from DC on a per-person basis and households with more than two children are considered unworthy: The legislative language specifically imposes “a limit of 2 children per household.”

Here it is, straight from the bill text:

“A carbon dividend payment is one pro-rata share for each adult and half a pro-rata share for each child under 19 years old, with a limit of 2 children per household, of amounts available for the month in the Carbon Dividend Trust Fund.”


https://www.atr.org/details-horrible-carbon-tax-bill
 
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