Rounds Cosponsors Resolution to Protect South Dakota Families from Costly New Energy Tax
WASHINGTON –U.S. Senator Mike Rounds (R-S.D.) today joined a number of his Senate colleagues in introducing a resolution to block efforts to impose a national tax on carbon energy, which has historically supplied at least 80 percent of America’s energy needs.
“In South Dakota, we depend on affordable energy to run our farms and businesses, heat our homes in the dead of winter and transport goods and people throughout the state,” said Rounds. “The effect of a carbon tax – which will lead to higher taxes and increased energy costs– would be felt in every aspect of our lives. The Obama administration’s endless stream of new taxes and regulations is already limiting economic growth and stifling innovation. Our resolution would put a stop to efforts to create a national energy tax and further bog down our economy.”
This resolution is cosponsored by 24 senators, and supported by several groups including American Energy Alliance, Americans for Prosperity, Citizens Against Government Waste, the National Black Chamber of Commerce, and Americans for Tax Reform.
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