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Obama May Levy Carbon Tax to Cut U.S. Deficit, HSBC Says
Business week | 11/7/12 | Matthew Carr

Posted on 11/07/2012 9:49:12 AM PST by SoFloFreeper

Link only: http://www.bloomberg.com/news/2012-11-07/obama-may-levy-carbon-tax-to-cut-the-u-s-deficit-hsbc-says.html


TOPICS: Business/Economy; News/Current Events
KEYWORDS: taxes
Bloomberg/Link Only.

Enjoy your higher energy prices, America.

1 posted on 11/07/2012 9:49:15 AM PST by SoFloFreeper
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To: SoFloFreeper

Never be friends with an Odumbo voter.


2 posted on 11/07/2012 9:55:08 AM PST by max americana (Make the world a better place by punching a liberal in the face)
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To: SoFloFreeper
"Obama May Levy Carbon Tax to Cut U.S. Deficit, HSBC Says"

I'm sure 0 would like to be able to levy taxes, but sadly for him Congress must approve them.

Not happening...

3 posted on 11/07/2012 9:58:16 AM PST by PreciousLiberty (Pray for America!!!)
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To: SoFloFreeper

May !?

LOL

He will and can do it thru EPA presidential fiat. Congress not needed.


4 posted on 11/07/2012 9:58:25 AM PST by Para-Ord.45
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To: SoFloFreeper

That would require majority of the House to vote for it. Not Gonna Happen.


5 posted on 11/07/2012 9:58:32 AM PST by technically right
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To: SoFloFreeper

And so it begins.....


6 posted on 11/07/2012 10:00:16 AM PST by mikrofon (+ Prayers for America +)
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To: SoFloFreeper

There was an earlier effort to open a carbon exchange trading center in Chicago, as part of a longer-termed plan to move the financial exchanges out of New York City and into Chicago.

It fell through when the carbon exchanges in the EU and elsewhere went belly up.

I’ll bet the Chicago Mafia will now revive that move, and we may see Wall Street shut down and moved to the Loop.


7 posted on 11/07/2012 10:00:25 AM PST by Cicero (Marcus Tullius)
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To: PreciousLiberty

Unless he calls this “tax” something else...like a “required fee” or “regulatory reform cost” and have it administered by Lisa Jackson at the EPA.


8 posted on 11/07/2012 10:00:43 AM PST by SoFloFreeper
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To: SoFloFreeper

If Goldman Sachs has anything to say about it, it will happen.


9 posted on 11/07/2012 10:01:15 AM PST by waus (FUBO UFCMF, Just in case I stuttered, FUBO)
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To: SoFloFreeper

Just so everyone knows: The Carbon tax will tax business.

Business will pass that cost on to consumers.

Obama could just save time and trouble if he just taxed us to begin with because we are the ones who will be paying it.

Plus the Bush tax cuts that won’t be renewed, plus higher health care costs, plus the higher cost of Medicaid.plus anything else they can think of. Believe me Democrats can think of a lot of things.


10 posted on 11/07/2012 10:02:21 AM PST by Venturer
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To: SoFloFreeper
"Unless he calls this “tax” something else...like a “required fee...” "

He can always get Justice Roberts to help him with that.

11 posted on 11/07/2012 10:02:58 AM PST by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: SoFloFreeper

Think in terms of 1600.00 per month heating and cooling bill for a 1600 sqft home. That is what we are looking at.


12 posted on 11/07/2012 10:04:43 AM PST by buffaloguy
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To: SoFloFreeper

Think in terms of 1600.00 per month heating and cooling bill for a 1600 sqft home. That is what we are looking at.


13 posted on 11/07/2012 10:04:43 AM PST by buffaloguy
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To: SoFloFreeper

Think in terms of 1600.00 per month heating and cooling bill for a 1600 sqft home. That is what we are looking at.


14 posted on 11/07/2012 10:04:43 AM PST by buffaloguy
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To: SoFloFreeper

Think in terms of 1600.00 per month heating and cooling bill for a 1600 sqft home. That is what we are looking at.


15 posted on 11/07/2012 10:04:58 AM PST by buffaloguy
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To: SoFloFreeper

Think in terms of 1600.00 per month heating and cooling bill for a 1600 sqft home. That is what we are looking at.


16 posted on 11/07/2012 10:04:58 AM PST by buffaloguy
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To: SoFloFreeper

Think in terms of 1600.00 per month heating and cooling bill for a 1600 sqft home. That is what we are looking at.


17 posted on 11/07/2012 10:05:03 AM PST by buffaloguy
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To: technically right

That would require majority of the House to vote for it. Not Gonna Happen.

He don’t need no Congress!

Get with the program, please!


18 posted on 11/07/2012 10:05:48 AM PST by tcat
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To: SoFloFreeper

Whoops, sorry about the multiple posts.


19 posted on 11/07/2012 10:06:48 AM PST by buffaloguy
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To: SoFloFreeper

And so it begins....


20 posted on 11/07/2012 10:09:14 AM PST by dforest
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To: PreciousLiberty

executive order, baby
he dont need no steenki’g constitution

he will just order every military and govt energy user to pay a carbon fee including airlines because they use airports subsidized by the gubmint

the europeans will be very happy we are joining their circle jerk to the god of globull warming


21 posted on 11/07/2012 10:10:18 AM PST by silverleaf (Age Takes a Toll: Please Have Exact Change)
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To: buffaloguy

Wow, a rare sixer!


22 posted on 11/07/2012 10:16:45 AM PST by poobear (Socialism, in the minds of the elites, is a con-game for the serfs, nothing more.)
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To: technically right

the same House members he locked out of meetings last time around?


23 posted on 11/07/2012 10:17:14 AM PST by blueplum
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To: Para-Ord.45

Yep. He’ll just do an Executive Order.


24 posted on 11/07/2012 10:19:57 AM PST by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: Para-Ord.45

Yep. He’ll just do an Executive Order.


25 posted on 11/07/2012 10:20:04 AM PST by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: SoFloFreeper

Oh this is so smart and such a great policy, because you know, this is how they do it in Europe. And you know recent research from the “Institute of How Much Better Europe is than the USA” rates European economies much higher in terms of tax policy related to energy and saving the environment.


26 posted on 11/07/2012 10:21:29 AM PST by BRK
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To: poobear

LOL


27 posted on 11/07/2012 10:22:08 AM PST by goosie
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To: max americana
Never be friends with an Odumbo voter.

I'll be cutting my ties with most Obama voters that I know, and that includes a couple of family members. I won't be able to avoid them completely, of course, but I will not go out of my way to stay in touch with them. Sorry, but I can't throw in with stupidity.

28 posted on 11/07/2012 10:26:29 AM PST by Major Matt Mason ("Journalism is dead. All news is suspect." - Noamie)
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To: Major Matt Mason

I don’t even talk to my obama-ass kissing, union thug brother.


29 posted on 11/07/2012 10:33:31 AM PST by max americana (Make the world a better place by punching a liberal in the face)
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To: max americana

“Never be friends with an Odumbo voter.”

Agreed. Life is too short to have to suffer those idiots.


30 posted on 11/07/2012 10:46:02 AM PST by ought-six ( Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
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To: SoFloFreeper
Since the House will never introduce such a TAX bill, with this a$$hat just write an Extra-Constitutional Executive Order? I beleive all revenue bills must originate in the House. President Obama sees voter mandate on taxes

AND what will the Congress do about it?
31 posted on 11/07/2012 10:52:31 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: goosie

;)


32 posted on 11/07/2012 10:56:32 AM PST by poobear (Socialism, in the minds of the elites, is a con-game for the serfs, nothing more.)
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To: SoFloFreeper

What they’ve basically admitted to is the whole Global Warming scam really IS about money.


33 posted on 11/07/2012 11:00:35 AM PST by poobear (Socialism, in the minds of the elites, is a con-game for the serfs, nothing more.)
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To: Venturer

Obama won’t tax *us* because it’s more convenient to their agenda to tax corporations. You see, if companies pass the costs onto us, then we become disgruntled with corporations, not the government. Thus creates a divide between the citizenship and big business. Government comes out smelling like a rose, bailing out the “little guy” and the “working man” against those oppressive rich corporation folk. Make business the enemy...then you win.


34 posted on 11/07/2012 11:04:33 AM PST by JenB987 (I'm still an American and 'til they take that away from me there's no day ruined. - El Rushbo)
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To: SoFloFreeper
Obama may levy tax?? So much for the constitution, yet again.

All Bills for raising Revenue shall originate in the House of Representatives;...(going on to allow the Senate limited power).

35 posted on 11/07/2012 11:18:50 AM PST by Darnright ("I don't trust liberals, I trust conservatives." - Lucius Annaeus Seneca)
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To: JenB987

I guess it would work that way if you were mentally retarded enough to believe it.

And Democrats are, they elected this stinking sack of POO.


36 posted on 11/07/2012 12:21:01 PM PST by Venturer
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To: Venturer

They count on the mental in-capabilities of their constituency. And it’s why it’s worked for the past 4 years.


37 posted on 11/07/2012 12:24:45 PM PST by JenB987 (I'm still an American and 'til they take that away from me there's no day ruined. - El Rushbo)
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To: Venturer
I guess it would work that way if you were mentally retarded enough to believe it.

Well you saw what happened yesterday - I would say over 50% of the voters are stupid. I still cannot get my arms around anyone wanting another four years of this misery?
38 posted on 11/07/2012 1:21:46 PM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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