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Originally Posted by flstf
I agree that polution control is a good goal to have. I just wish that more people realized that corporate taxes and regulation costs are paid by them and the less you make the higher the percentage of your income you pay. I think many people think that it's OK to add taxes and costs to the big corporations because thay believe they are sticking it to the rich guys when they are the ones shouldering these costs.
I wonder how far this bill or any corporate tax would go if the authors said "It's only going to cost a family of four making $25000 a year an additional $1000 or so a year?"
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flstf...the biggest contributors of CO2 emissions are utilities and they cant simply pass on the cost of regulatory compliance and/or taxes. The PUC in each of the states ultimately set the rates you and I pay for electricity and how much of the cost of compliance may be passed on to consumers.
The cost to heavy industries to meet new regulatory emission standards could very well be met with new manufacturing processes...given the number of years before compliance is mandated.
The most costly would probably be vehicle emissions and consumers will have choices...adapt by changing consumption habits.