Congressmen Propose Water Trust Fund

A group of U.S. representatives has proposed the creation of a national trust fund for water infrastructure in the U.S.
July 17, 2009, 9am PDT | Nate Berg
Share Tweet LinkedIn Email Comments

"Revenue for the trust fund would come from proposed taxes on the pharmaceutical industry, many beverages, a variety of household goods - toothpaste, detergents, face creams and other toiletries, toilet paper, water softeners and cooking oil - that are normally disposed of in residential sewers, as well as corporate profits.

Beer and most other alcoholic beverages would be exempt from the proposed beverage tax of about four cents per container."

The Water Protection and Reinvestment Act would create a $10 billion a year fund.

Full Story:
Published on Wednesday, July 15, 2009 in Milwaukee Journal-Sentinel
Share Tweet LinkedIn Email