So, they want to penalize people who live in homes larger than 3,000 square feet.One of Capitol Hills most experienced and powerful legislators is drafting a ’carbon tax’ bill that would do precisely that. Rep. John Dingell (D-Mich.), chairman of the House Energy and Commerce Committee, expects to introduce comprehensive climate change reform legislation once Congress returns next month.Besides imposing hefty new federal taxes on gasoline, the forthcoming bill will, in Dingells words, seek to ’remove the mortgage interest deduction on McMansions - homes over 3,000 squa[...]
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[Source: The Money Blogs]
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