Do you have some sort of paper/article/book explaining the idea in detail? I don't think it would be fair to analyze it based on an HN comment.
Some pages about forecasted household/economic impact: https://citizensclimatelobby.org/household-impact-study/
The actual text of the bill: https://www.congress.gov/bill/116th-congress/house-bill/763/...
(It's pretty short. If you're a native speaker of english I guess I would allocate 20-40 minutes?)
A signed letter by thousands of economists: https://clcouncil.org/economists-statement/
(in case you like appeals to authority)