A Tax By Any Other Name

America Needs Me ^ | 02/25/09 | Stephen Kruiser

[sdkruiser]

Are the Climate Commies going to start having their way in Washington? The Most Perfect President Ever isn't just hoping that's the case, he's banking on it.

The Cap and Traders are on the march now and Team Lightbringer is counting on the scheme for significant revenue. Around $30 billion a year for ten years beginning in 2012.

The budget's assumption of money from a revenue stream that does not yet exist provides a concrete indication that Mr. Obama expects a cap-and-trade system to be in place soon although Congress still must shape, write, debate and decide on a timetable for legislation that likely will be divisive even among Democrats.

Continuing the Obama theme of jumping head first into a shallow stream and hoping it all works out well. This president just doesn't seem to be capable of regret. Let's get several miles down every road before we turn the GPS on. I know that other presidents have done the same thing with budgetary matters but this seems to be the m.o. for everything in the new administration (Do we have a Commerce Secretary yet?).

Usually the feds have to tax the crap out of businesses to bring in $30 billion a year.

Oh yeah, that's what they're doing.

[RU88]

Any one want to venture a guess as to what this will do to the price of goods and services along with electricity production? It’s almost as if Zero is intentionally doing every thing within his power to increase the “misery index.”