Comment Log Display

Comment Log Display

Below is the comment you selected to display.
Comment 86 for Public Input on Cap-and-Trade Auction Proceeds (investmentplan-ws) - 1st Workshop.


First Name: Pam
Last Name: Hart
Email Address: pamula1@hotmail.com
Affiliation: none

Subject: Cap and Trade - Energy Taxes
Comment:
The legislation is a tax on California businesses that their
competitors in other states will not have to pay. This will hurt
the economy, and lead to even more businesses fleeing California
for other states, taking jobs and tax revenues with them.

I am familiar with what happened when this started - and 10-wheeler
trucks had to get 'upgraded' to the new standards - many one-truck
operators could not afford new equipment and have now gone out of
business.  Even the cement companies that were forced to get new
equipment - even with tax credits and incentives - spent so much
money that they are now reeling from the expenditures coupled with
the downed construction industry to the point of bankruptcy.

Additional taxes should not be 'hidden' in this type of legislation
- and especially on small businesses that are just trying to
survive the multitude of other 'hidden' taxes and regulatatory fees
associated with doing business in California.

Taxes should be voted on in the legislature with a two-thirds vote
and not hidden in regulations such as this.

Please stop this faulty fee now - perhaps put it on hold for
another 5 years to see how the State and the Nation come out of
this recession.  We don't need it as there are other laws on the
books that will take care of carbon reduction.

Cap and Trade Auction fees are just another 'junk' bond scheme and
should not be forced onto the public as legitimate.  Where does the
money go?  Who gets rich from this?  Certainly not the businesses
and citizens of the State of California.  What authority gives this
board the power to do this?  These are not elected officials.



Attachment:

Original File Name:

Date and Time Comment Was Submitted: 2012-06-22 11:23:11



If you have any questions or comments please contact Office of the Ombudsman at (916) 327-1266.


Board Comments Home

preload