07.10.2011 - Carbon tax to cost $1 trillion: committee
The federal government's carbon tax will cost every Australian $40,000 in the period to 2050 and a cost-benefit analysis should be conducted before it passes into law, an opposition-dominated Senate committee says. The select committee on the scrutiny of new taxes on Friday tabled a 361-page report in parliament looking at whether a carbon tax should be brought in at a time of uncertainty about the global economy and whether there will be a concerted international effort to cut carbon emissions..............................................Full Article: Source
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