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Economic Impact of Carter's Energy Program

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Publication Date: July 1977

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Milton R. Copulos

Topic: Energy (Energy policy)

Keywords: Energy and environment

Type: Report

Abstract:

As the Carter Energy Package nears the end of its consideration in the House, concern is growing over its potential cost to the American public. Much of the measure consists of tax programs intended to either encourage or discourage some sort of activity in the energy area. While the Administration has repeatedly emphasized that the taxes will be rebated, the fact is that in many instances they will not be returned.