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California’s largest Taxpayer group: “Stop the Energy Tax!”
Sacramento --- The driving force behind the defeat of last year’s Prop. 1A – the $16 billion tax increase – is now setting its sights on defeating California’s $180 billion “Energy Tax.”
“No New Taxes” – a project of the Howard Jarvis Taxpayers Association – announced today it is joining the ballot measure campaign to suspend California’s overreaching global warming mandate until the Economy improves.
“AB 32 won’t help curb global warming one bit; however, it will affect nearly every corner of California life,” said Jon Coupal, President of the Howard Jarvis Taxpayers Association and Chairman of the No New Taxes committee. “AB 32 will cause a 60 percent increase in Californians’ electricity bills, an 8 percent increase in natural gas bills, a $50,000 increase in the price of a new home, and more than 1 million more jobs losses at a time when our state is bleeding jobs. AB 32 will drive the final stake through the heart of California’s economy.”
The “Energy Tax” will cost California a whopping $180 billion in lost output during an already severe recession.
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