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The ‘$3,000 Light-Switch Tax’ Myth

House Minority Leader John Boehner (R-Ohio) has been pushing the notion that President Obama’s cap-and-trade proposal (which he dubs a light-switch tax) will

Jul 31, 2020
House Minority Leader John Boehner (R-Ohio) has been [pushing the notion](cost every American family up to $3,100 per year in higher energy prices) that President Obama’s cap-and-trade proposal (which he dubs a “light-switch tax”) will “
It has come to my attention that an analysis we conducted examining proposals to reduce greenhouse gas emissions, Report No., 146, Assessment of U.S. Cap-and-Trade Proposals, has been misrepresented in recent press releases distributed by the National Republican Congressional Committee. The press release claims our report estimates an average cost per
family of a carbon cap and trade program that would meet targets now being discussed in Congress to be over $3,000, but that is nearly 10 times the correct estimate which is
approximately $340.
Then again, numbers haven’t been Boehner’s strong suitof late.
Dexter Cooke

Dexter Cooke

Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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