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Californians could face ‘double taxation’ with state, federal carbon taxes

Home - by - December 10, 2012 - 10:15 America/New_York - 18 Comments

Daily Caller

Gov. Moonbeam

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.

“We are aware that it is a possibility, and we have been considering it as of late,” said California Air Resources Board spokesman Stanley Young. “We want to make sure that California companies continue to transition into the program without any sort of disadvantage.”

“We promote the possibility of the federal government addressing climate change,” he said. “And on our part, we’re prepared to align our program in a way that allows California to move forward.”

One potential solution would be for Congress to exempt California companies that already participate in the state cap-and-trade program from a carbon tax. California officials have also indicated they could tweak their system to harmonize it with the possible federal tax.

“You either have one or the other — you don’t have them both,” said climate economist Jasmin Ansar with the Union of Concerned Scientists, an environmental group. “You’d have the danger of, in effect, double taxation.”

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» 18 Comments

  1. FreeMan & Sarah Intend to Defend

    December 10th, 2012

    They always wanted to be first.

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  2. Tim

    December 10th, 2012

    BWAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!

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  3. Diann

    December 10th, 2012

    I’d love to do a happy dance and point and laugh, but something tells me we taxpayers from the other 49 will be footing the bill for California’s epic failure.

    Noteworthy Comment Thumb up +11

     
  4. Jack Daniels

    December 10th, 2012

    Hard to be sympathetic, so why bother to be.

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  5. Doc

    December 10th, 2012

    Diann, I’m afraid you’re right on the money as usual. Those morons in Kommiefornia are really going to be broken hearted when they find out that UNICORN FARTS are actually CO2!

    Thumb up +8

     
  6. McFartus Spontaneous

    December 10th, 2012

    “When Black Friday comes to California, gonna stand down by the door, gonna catch all the grey men as they dive from the 14th floor..”

    Thumb up +3

     
  7. McFartus Spontaneous

    December 10th, 2012

    And I was born in Santa Monica, CA in 1966.. And Diann your wrong, its not 49 states, its 56 states… Its so sad that Hawaii is tagged to Oblame-o, been there 4 x’s, its such a beautiful and cultural place.. Hey Oblame-o, as Walter said, welcome to Hawaii, get your shit and get out!

    Thumb up +4

     
  8. Death_By_Farts

    December 10th, 2012

    While they’re at it, they should enact a Celebrity Tax for any celebs who make over 1 million; 80 percent of their income.

    Thumb up +6

     
  9. Left Coast Dan

    December 10th, 2012

    Yay CA! We’re going to have $6 billion more in income, and it won’t cost us anything because it’s just a carbon tax on companies, not on people! We spent it already! Yay!

    Oh and something about climate change

    Noteworthy Comment Thumb up +10

     
  10. FreeMan & Sarah Intend to Defend

    December 10th, 2012

    The Gold Rush is over, everyone there is headed to Az. now.

    Thumb up +4

     
  11. jeckelmyhyde

    December 10th, 2012

    I Lived in Arizona and New Mexico and I know that the wind blows from west to east. I wonder if I can take the lib stance and sue because Kalifornya is killing me with second hand smoke.

    Thumb up +5

     
  12. Billy Fuster

    December 10th, 2012

    How wonderful it is that we have so many government officials concerned with our well being. I can only hope they raise taxes further so they can continue their benevolence in our behalf as well as give themselves well deserved raises.

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  13. msq

    December 10th, 2012

    fine with me, the sooner they finish failing the sooner we can get over them.

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  14. scr_north

    December 10th, 2012

    Well, you’d think that this being California and it being Cap N Trade that the Califites would be joyous that they could be double taxed. Hell, that’s just double plus good! At the same time Leader Brown can announce that the take home pay of each worker though lower, has been raised thus allowing for in increase in the chocolate food stamp allowance for those who can’t work (or won’t can’t remember which anymore).

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  15. Stranded in Sonoma

    December 10th, 2012

    We want to make sure that California companies continue to transition into the program without any sort of disadvantage.

    Then repeal the law, you dumb@$$. Because how many companies here in CA are going to willingly “transition” into a program that will bankrupt them. Yeah, only the ones run by the koolaidians.

    It will NOT raise revenue because the gov’t will have to double or treble the tax rate on the businesses that are stupid enough to stay in CA just to get anywhere close to their stated revenue goal.

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  16. Wyatt, Insensitive Progressive Jerk

    December 10th, 2012

    @Stranded in Sonoma: How cynical you are. Why, businesses will willingly and gladly transition to cap and trade, global warming will cease to exist because California By God is doing something about it, tax revenues will go through the roof, rainbows will blanket the state, dogs and cats living together, gold for the picking in the Santa Monica mountains, freeways uncluttered, street gangs voluntarily disbanding, and the Clippers will win the NBA title.

    Actually, that last one is no so far-fetched. Not so sure about the others, though.

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  17. MaryfromMarin

    December 10th, 2012

    “Ghostbusters”! (It was either that or Arlo Guthrie.)

    Thumb up +1

     
  18. pete

    December 10th, 2012

    black friday, steely dan

    Thumb up +1