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Tipsheet

Cap-and-Trade System Would Target Low-Income Households

Earth Day is tomorrow, and some will use it to promote cap-and-trade on carbon emissions.

Interestingly, an analysis from the Tax Foundation shows the annual burden from a cap-and-trade program would be approximately $1,218 per household.  What is more, the burden would disproportionately hit low-income households. 
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Clearly cap-and-trade is a fancy way of saying "tax" -- but in this case, it's also a regressive burden.

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