* Gross Domestic Product (GDP) losses of $151 billion to $210 billion in 2020 and $631 billion to
* $669 billion per year in 2030
* Employment losses of 1.2 million to 1.8 million jobs in 2020 and 3 million to 4 million jobs in 2030
* Household income losses of $739 to $2,927 per year in 2020 and $4,022 to $6,752 per year in 2030
* Electricity price increases of 28% to 33% by 2020 and 101% to 129% by 2030
* Gasoline price increases (per gallon) of 20% to 69% by 2020 and 77% to 145% by 2030
This is the largest Embedded Tax increase in History and is exactly what the Fairtax.org tax plan is designed to eliminate.
The Best way to defeat this bill is by demanding the Fairtax (H.R. 25).
Gas Prices are the Score Board of Politics and Green Shirts are winning. Green is the new Brown Shirt.
Thanks,
James A. Hodges
Tags: Wevoteright Green H.R 25