Boozman: Energy Bill Bad for Country
U.S. Representative John Boozman (R-AR) voted to protect Americans from the first tax increase of the 110th Congress with his no vote on H.R. 6, the Democrat-sponsored energy bill.
"This bill is a tax increase on every person who fills a gas tank, turns on the lights, heats their home, or grills outdoors," Boozman said. "Americans won't send their check to the government directly, they will just pay the higher prices passed on to them by the companies who will owe new taxes to the government.
H.R. 6 will result in a $7.6 billion tax increase on American oil and gas companies, resulting in less capital for exploration and refinery creation.
"We all want less dependency on foreign oil. However, this bill results in tilting the playing field toward foreign producers
"Today's bill is a disappointment. Today's bill is an example of the tax-and-spend policies of old. Today's bill is bad for the country.
http://www.boozman.house.gov/News/DocumentSingle.aspx?DocumentID=55890