How energy tax hikes will hurt families

How energy tax hikes will hurt families
An energy bill now moving through Congress would repeat the big-government mistakes of the 1970s, Heritage’s Ben Lieberman writes in a new analysis.

» Watch the video: Ben Lieberman on how taxing energy raises costs for ordinary Americans.

Congress’ plan to raise taxes on gasoline and throw taxpayer money at unproven alternative fuels “would likely backfire and raise prices for consumers while reducing energy security.”

“Taxing successful energy sources and subsidizing unsuccessful ones,” he explains, “is the essence of Washington’s energy policy mistakes during the 1970s and early 1980s.”

Instead of turning to the failed solutions of the past, he concludes, “Congress should craft a new energy policy that relies on the market to meet the nation’s energy needs.”