Legislation watch
Capitol Building

2008 House Bill 2420: Establishing a carbon tax.
  1. Introduced by Rep. Maralyn Chase (Shoreline) (D) on January 14, 2008, to create a new carbon tax on any persons involved with the extraction or importation of coal, petroleum, or natural gas products, as well as at the point of retail sale on any motor vehicle, aircraft or special fuels. The carbon tax rate would begin in 2008 with a substantial increase every year thereafter. In addition, this bill would create the climate action fund authority for the purpose of the distribution of funds collected under the carbon tax in an effort to reduce greenhouse gasses.
    • Referred to the House Ecology & Parks Committee on January 14, 2008.

Comments

Re: 2008 House Bill 2420 (Establishing a carbon tax.)  by dellyd on March 25, 2012 
At least we're trying to do something about pollution. Small steps are still steps, these taxes have the role to diminish the level of pollution resulting from the extraction and the usage of these natural resources. The bill will most certainly have an impact on the Natural gas investments.


Re: Tax Tax and More Government  by Mr.Engr. on February 7, 2009 

[quote user="Anonymous"]Is the only thing that I see this legislature doing is growing Government and taxing the H out of us.
Enough is Enough!
This tax would add $1.70 to every gallon of gas. $1.00 directly and $.70 passed on. Add that to the $.50 the Dems in Wash DC want to add, you will double the price of fuel, heating, all good transported into this state.
You will loose Diesel sales revenues from truckers, as they will all fuel up before and after they hit this state.
The Airlines will be back in trouble for the taxpayer to bail out.
Are you and Geoff trying to intentionally kill the economy in this state?[/quote]


Truckers file quarterly IFTA tax returns which report the gallons purchased and miles driven in each state. The shortages and overages are redistrubuted. So for example if you bought all your fuel in WY which has a 14 cent per gallon tax but drove in the highest two taxed states - WA and NY then you'd owe a bundle of money on your IFTA return because not enough tax was collected at the pumps in WY. What really stinks is that there are tax surcharges - that is tax not charged at the pump but you have to pay on your IFTA tax return. IN is notable with a 16 cent/gal surcharge.


The real response by trucking companies would be to add to the freight rates the new and higher fuel tax. Just as is done for tolls in the eastern US. If you can't negotiate a higher rate due to the tolls and taxes, you probably don't take freight to or from those states. Our company will no longer haul to NJ since they have a $3000/year tax on each vehicle if you are incorporated. That applies if you are making a single stop for pickup or delivery in a year. The solution is to change from a corporation to an LLC if you want to haul to or from NJ. But  the tolls on I-95 are so high that it is not affordable to operate there anyhow. same for NY. One way tolls from NJ to say Hicksville in NY are $63 for a truck to crossing the GW bridge then the Throgsneck to get on I-495 on Long Island. consider that when you want something shipped to or from there.


This carbon tax idea based on the fear of anthropomorhic GHG's is a religion, not based on science.


 


 



Duhhhhh  by Anonymous on August 2, 2008 
I thought we were talking about Global Warming. I guess you are doing what your kind does best. Bait and Switch.
Try sticking to the topic. Even when your arguments are full of holes.

View pre-2013 Comments.
Your new comments should be made in the box below.