The Tax Increase of Cap and Trade

Axis of Right ^ | 3/11/2009 | Sal

[SalAOR]

Barack Obama campaigned and still maintains that 95% of all Americans will receive a tax cut, and only the top 2% will receive a tax increase. If one is talking about income taxes, this may be technically true, although the claim itself is somewhat dubious. Leaving that discussion to another day, however, the sum of Obama’s policies outside of the income tax will lead to an effective massive tax increase on the American People by significantly driving up costs. One of the biggest culprits of this enourmous tax increase is Cap and Trade.

Cap and Trade would create government-mandated limits on Carbon emissions in an attempt to “save the planet” from the Global Warming Hoax. The government would force businesses and homes to pay for “the right to emit carbon (are they going to charge people for exhaling?), thus making a natural substance a commodity by which the Government benefits. The carbon allotments would be set by the government, and if a business or family needed more, they would be forced to purchase it from another company (all with a tax going to the government).

Team O would have you believe it is a tax on business, but it is rather a tax on the consumer.

[Venturer]

Cap and Trade is not a tax. It’s outright theft.

And, it is predicated on a hoax.

[steelyourfaith]

 

Beam me to Planet Gore !

[theBuckwheat]

If you liked $4.00 gasoline, you’ll love 25 cent per kwh electricity because 52% of our electricity comes from burning coal.

[bray]

It will eliminate coal burning plants. That will triple your electric bill, for the Earth.

Pray for America, Our Troops and obama’s Failure

[Bon mots]

Obamunism is going to go bad faster than Chile under Allende. The US economy is reeling and the Obamunist body blows have not yet begun to land.

[ding_dong_daddy_from_dumas]

It will eliminate coal burning plants. That will triple your electric bill, for the Earth.

Plus, if he can push it through, Obama will punish the oil and gas industry. Funny how that works out. It would punish Louisiana, Texas, and Oklahoma, which all voted against Obama in November.