Senate Energy Committee head pushes for value-added tax; seeks VAT instead of energy tax. (Bennett Johnston)

Daily News Record, February, 1993 by Barrett, Joyce

Senate Energy Committee Chmn Bennett Johnston is supporting a value-added tax (VAT) in place of Pres Bill Clinton's proposed energy tax. The energy tax would hit certain US regions harder than others, such as Johnston's home state of Louisiana, because of their energy industries. Retailers are opposing the VAT and are attempting to educate Congressional members on the counterproductive effects of the VAT. They say the VAT will discourage spending.

Seeks VAT instead of energy tax

WASHINGTON (FNS) -- Talks of a national value-added tax to replace the proposed energy tax were revived Wednesday on Capitol Hill.

Sen. Bennett Johnston (D., La.), chairman of the Senate Energy Committee, is attempting to save his home state's oil industry by pushing for a...

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