Wednesday, September 26, 2007

And so it begins

At the above link, are some of the recommendations that Cong. Dingell is going to be proposing. Some of them are:
_A 50-cent-a-gallon tax on gasoline and jet fuel, phased in over five years, on top of existing taxes.

_A tax on carbon, at $50 a ton, released from burning coal, petroleum or natural gas.

_Phaseout of the interest tax deduction on home mortgages for homes over 3,000 square feet. Owners would keep most of the deduction for homes at the lower end of the scale, but it would be eliminated entirely for homes of 4,200 feet or more.

I can hardly wait!

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