I'm a bit confused as to what this is.
1. Is this a tax paid to the Mideast government in addition to the federal tax?
2. Who's paying the tax, and how is it collected?
3. I'm opposed to sections 4 and 5 - if you start giving tax credits for people who are still responsible for adding CO2, you lose the effectiveness.
4. The credit here should be available to people other than just making $60,000.
5. Why would we automatically repeal this if the federal version was repealed?
1. Yes.
2. Here's a good explanation of how the tax would be collected, although the federal law never made that clear, admittedly.
Link. It would be based on kilowatt-hours, and both businesses and individuals would be taxed. As for how it's collected, I'm assuming it would be done so in the same way the federal tax is, although by the regional government.
3/4. I agree with you on the credit being available to all, as it is a single monetary amount. I'm also fine with eliminating Sections 4&5 if that's what you want, although I don't mind either way.
5. We would depend on the annual Presidential determination to calculate the amount of carbon dioxide each year, so we'd lose that immediately if the federal law was repealed.
Would the previous amendment make the bill more acceptable to you?
