News Article

Californians could face 'double taxation' with state, federal carbon taxes

Via » Submitted On Mon, 12/10/2012 - 5:03pm by David Sincere

Last month, environmentalists cheered as California launched a cap-and-trade program, but talks of a federal carbon tax raised concerns about double taxation. The San Francisco Chronicle reports that while the chances of a federal tax on carbon emissions being adopted are still remote, California state officials are worried enough to have started discussing the prospect.


I understand that Prop 30 passed by the electorate is retroactive to January 1, 2012. How is that setting with the public or have they even noticed yet. Can anyone explain why the public, knowing how dire the financial picture is of California, vote to pass such a law?

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