Report: Electric, Gas, and Water Rates Falling Due to Trump Tax Cuts – IOTW Report

Report: Electric, Gas, and Water Rates Falling Due to Trump Tax Cuts

Breitbart: A new report finds that electric, gas, and water rates have fallen across the country due to the tax cuts put in place by President Donald Trump and the GOP.

The review of 102 utilities across the nation by Americans for Tax Reform (ATR) finds that Trump’s tax cuts mean “lower utility bills for Americans.”

“The Tax Cuts and Jobs Act cut the corporate rate from 35% to 21%. Utility companies are passing on the tax savings in the form of lower rates for customers,” ATR wrote on June 7.

ATR went on to detail the rate reductions in states such as Florida, Ohio, Michigan, West Virginia, thirty-seven other states, and the District of Columbia.

For instance, the low-tax advocacy group found that Tampa Electric in Tampa, Florida, announced the company would not raise rates to pay for its work to restore facilities due to the destruction Hurricane Irma caused because the tax cuts helped make up the difference.  more

11 Comments on Report: Electric, Gas, and Water Rates Falling Due to Trump Tax Cuts

  1. Liberals will spin this as adding to global warming, due to increased energy use. Trump is destroying the planet. Send The savings to the DNC to help save the earth.

    7
  2. Aw C’mon, I live in a rural area where the electric service is provided by a user owned COOP….They do a fine job, but if you think they’re gonna give me some money back, then I got some windows for you to lick.

    They always end up with a deficit….just a little bit….

  3. POGO

    Long time Calis (11 generations, 220 years) prefer to honor GWB by calling our once “Golden State” “Mexifornia”.

    when HWB was President fornicate was ok; but clearly since “Act of Love!” it is not only dated; but out dated!

1 Trackbacks & Pingbacks

  1. Report: Electric, Gas, and Water Rates Falling Due to Trump Tax Cuts – IOTW Report – Yuge Trump Economy!!

Comments are closed.