'Centrist' Janet Yellen supports a $2 trillion carbon tax
Taxpayers may be surprised to learn of the alleged centrist’s support for a $2 trillion tax on American energy that would raise federal taxes on gasoline by more than 200%.
A carbon tax of this level would increase gasoline prices by roughly 40 cents per gallon and raise average household energy costs by $480 per year. In total, the plan would amount to a $2 trillion tax hike, raising taxes by $219 billion a year, on average, between 2020 and 2030.
This isn’t according to the findings of some conservative think tank, but rather the internal analysis of the Hillary Clinton campaign, which considered an identical carbon tax proposal to that of Yellen’s following Sen. Bernie Sanders's endorsement of a carbon tax during the 2016 primary.
The Clinton campaign’s report was newsworthy at the time because it was brought to light by the leaked emails of John Podesta, the chairman of the Clinton campaign. Podesta’s blunt assessment of the tax’s political viability dealt a significant blow to carbon tax advocates, as Podesta stated in an email that he had “done extensive polling on a carbon tax. It all sucks."
https://www.msn.com/en-us/money/markets/centrist-janet-yellen-supports-a-dollar2-trillion-carbon-tax/ar-BB1bzpFk