As Congress prepares to vote on cap-and-trade, the Tax Foundation is releasing a new video on YouTube created by the popular video parody artist Remy. The video presents a humorous take on Uncle Sam’s very serious attempts to “go green.” To learn more about cap-and-trade policies and what they could mean for your wallet and the country as a whole, visit the Tax Foundation’s Household Cap-and-Trade Burden Calculator to see how much money your household would lose. In addition, the Tax Foundation Working Paper “Who Pays for Climate Policy? New Estimates of the Household Burden and Economic Impact of a U.S. Cap-and-Trade System” provides an in-depth explanation of the topic. Click here or below to watch the new video, and for more information on energy taxes, take a look at the Environment and Energy Taxes section of our website or read the latest blog posts on the topic.
