John Manzella on Raising Energy Taxes
June 4, 2009
During a recent Manzella Report on the Neal Asbury Show, John Manzella, of Manzella Trade Communications, discusses the impact on the economy and Americans if higher energy taxes are imposed. In this brief, but engaging and fact-based discussion, John cites the potential risks to consumers of proposed energy taxes:
- Loss of 271,000 jobs (according American Center of Domestic Progress)
- Higher energy costs, with hardworking American families paying the bill
- Lower domestic production and refining and thus greater energy-dependence on foreign sources
- Negative impact to investments, such as 401K's and mutual funds, many of which invest in oil and natural gas companies
John has written more than 600 articles and several books, including "Grasping Globalization: Its Impact and Your Corporate Response". He also hosts the Manzella Report every week on the Neal Asbury Show streamed live on www.880TheBiz.com, which is affiliated with Bloomberg Radio and CNBC.
To listen to John Manzella speak about higher energy taxes, click here.
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