UNtaxed Act
Summary
The "UNtaxed Act" (H.R. 5888) aims to limit the implementation and enforcement of a global carbon tax within the United States. It prevents the UN from levying taxes, tariffs, fees, or penalties on US citizens or companies without Senate ratification of an agreement. The bill also prohibits the allocation of funds for contributions to UN bodies that would impose or implement a global carbon tax.
Expected Effects
If enacted, the bill would prevent the United Nations from imposing a carbon tax on US entities without explicit consent from the US Senate. This could impact international agreements related to climate change and greenhouse gas emissions. It would also restrict funding for UN initiatives related to global carbon taxation.
Potential Benefits
- Protects US citizens and companies from potential UN-imposed taxes without Senate approval.
- Maintains US control over its fiscal policies related to carbon emissions.
- Prevents potential financial burdens associated with a global carbon tax.
- Reinforces the role of the Senate in international agreements.
- Could encourage alternative approaches to climate change mitigation.
Most Benefited Areas:
Potential Disadvantages
- May hinder international cooperation on climate change initiatives.
- Could negatively impact the US's standing in global climate negotiations.
- May limit the US's ability to participate in future global carbon reduction programs.
- Could be viewed as undermining efforts to address climate change.
- Potentially isolates the US from international environmental policies.
Most Disadvantaged Areas:
Constitutional Alignment
The bill aligns with Article I, Section 8 of the US Constitution, which grants Congress the power to lay and collect taxes, duties, imposts, and excises. It also aligns with the treaty-making power of the President with the advice and consent of the Senate (Article II, Section 2). The bill asserts Congressional control over taxation and international agreements, ensuring that any UN-imposed taxes are subject to Senate approval.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).