Monday, April 14, 2008

Carbon Credit Tax

EU to force US airlines to pay carbon credit tax by 2012. http://blog.wired.com/cars/2008/04/post.html European airlines say it is unfair if they are the only ones forced to pay the tax. At least they get to vote or have some say and their citizens use the proceeds. US carriers will find themselves being taxed without representation and with no benefits. Sort of like the British tax on the Americas that led to tea being dumped into Boston harbor.