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Sarah Palin was right: Obama Admin. admits Cap and Trade will raise taxes
Texas for Sarah Palin ^ | Wednesday, September 16, 2009 at 4:00 PM | Josh Painter

Posted on 09/16/2009 2:11:55 PM PDT by Josh Painter

TWS' Michael Goldfarb at The Blog quotes a CBS News story:

The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent.

A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year. At the upper end of the administration's estimate, the cost per American household would be an extra $1,761 a year.

Remember how the Obamunists beat up on Sarah Palin for her July op-ed on Cap and Trade in the Washington Post? She had written:
I am deeply concerned about President Obama's cap-and-trade energy plan, and I believe it is an enormous threat to our economy. It would undermine our recovery over the short term and would inflict permanent damage.

[...]

There is no denying that as the world becomes more industrialized, we need to reform our energy policy and become less dependent on foreign energy sources. But the answer doesn't lie in making energy scarcer and more expensive!

[...]

The Americans hit hardest will be those already struggling to make ends meet. As the president eloquently puts it, their electricity bills will "necessarily skyrocket." So much for not raising taxes on anyone making less than $250,000 a year.

[...]

Can America produce more of its own energy through strategic investments that protect the environment, revive our economy and secure our nation?

Yes, we can. Just not with Barack Obama's energy cap-and-tax plan.

So once again, Sarah Palin was right. Once again, she has been vindicated. That seems to be occuring with increased frequency since June, as we have noted here, here, here, here and here.

- JP


TOPICS: Business/Economy; Government; Politics
KEYWORDS: capandtrade; sarahpalin; texincrease; vindication
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Palin Levin Book
1 posted on 09/16/2009 2:11:56 PM PDT by Josh Painter
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To: Josh Painter

It was an easy call for Sarah, and others. It is all right out of the Communist Manifesto.


2 posted on 09/16/2009 2:15:29 PM PDT by EagleUSA
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To: Josh Painter

3 posted on 09/16/2009 2:16:15 PM PDT by jessduntno ("Integrity is the lifeblood of democracy. Deceit is a poison in it." - Ted Kennedy (D-HELL)
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To: Josh Painter

Our Sarah Palin
Was right on the Death Panels,
And is right here, too...


4 posted on 09/16/2009 2:17:10 PM PDT by Haiku Guy (If You have a Right / To the Service I provide / I must be a Slave)
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To: Josh Painter

This is a very obvious thing to call don’t you think so?


5 posted on 09/16/2009 2:17:20 PM PDT by jveritas (God Bless our brave troops)
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To: SoCalPol; Victoria Delsoul; cripplecreek; PennsylvaniaMom; KansasGirl; Perdogg; jla; ...

Palin PING!

Anyone on or off the Palin ping, write me.

6 posted on 09/16/2009 2:22:30 PM PDT by SolidWood (Sarah Palin: "Only dead fish go with the flow!")
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To: Josh Painter

This can’t possibly be true, right??

I mean, after all, the Media convinced us that Sarah Palin is the DUMBEST WOMAN ON EARTH!

How could she have gotten this right!!

(Does not Compute, Does not Compute, must be ignored before Zero Cumulative Error.)


7 posted on 09/16/2009 2:23:35 PM PDT by tcrlaf ("Hope" is the most Evil of all Evils"-Neitzsche)
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To: jveritas

What I think, jveritas, is everytime the Palin-bashers are proven wrong, I’m going to rub their filthy noses in it. That’s what I think.

- JP


8 posted on 09/16/2009 2:26:09 PM PDT by Josh Painter ("Government cannot make you happy or healthy or wealthy or wise." - Sarah Heath Palin)
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To: Josh Painter
We will need a picture of Mark Levin with Sarah's book when she writes it.
9 posted on 09/16/2009 2:27:18 PM PDT by KarlInOhio ("I can run wild for six months ...after that, I have no expectation of success" - Admiral Obama-moto)
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To: Josh Painter

Palin Right....Obama Wrong....AGAIN!


10 posted on 09/16/2009 2:39:38 PM PDT by FlashBack ('0'bama: "Katrina on a Global Level")
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To: FlashBack

What’s her record against him now, something like 20-0?


11 posted on 09/16/2009 2:40:25 PM PDT by 9YearLurker
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To: 9YearLurker

I’m waiting to hear when she’s going to be here in Iowa ;)


12 posted on 09/16/2009 2:49:33 PM PDT by FlashBack ('0'bama: "Katrina on a Global Level")
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To: FlashBack

If she comes to Iowa, I’m right next door, and I’ll be there.


13 posted on 09/16/2009 3:04:53 PM PDT by radioone
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To: tcrlaf

I just saw a teaser on Chris Matthews show as I was flipping, that Bush thought Palin would be a disaster for the Republican party. Has anyone read about this? Apparantly it’s coming out in some book by one of Bush’s speech writers.


14 posted on 09/16/2009 3:08:03 PM PDT by dandiegirl
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To: EagleUSA
Here is a clue for those who have heads made out of a hollow cement ball with nothing inside: The Obama administration has not spoken one word of truth since they have been the squatting phonies soiling the Whitehouse.
15 posted on 09/16/2009 3:10:54 PM PDT by chiefqc
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To: dandiegirl

http://www.freerepublic.com/focus/f-bloggers/2340664/posts


16 posted on 09/16/2009 3:12:48 PM PDT by Josh Painter ("Government cannot make you happy or healthy or wealthy or wise." - Sarah Heath Palin)
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To: Josh Painter
Very few Palin bashers on this forum. The point is the cap and trade is a massive tax bill and is going to increase our energy cost by a lot, almost everyone with an IQ over 80 knows this including the left wing lunatics who want to pass it. So there is nothing new here that Palin is revealing.

Were you aware that the cap and trade or global warming tax was going is a massive tax bill before Palin said it?

17 posted on 09/16/2009 3:45:35 PM PDT by jveritas (God Bless our brave troops)
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To: Josh Painter

Thanks, I missed that somehow. Another Scott McClellen.


18 posted on 09/16/2009 3:49:20 PM PDT by dandiegirl
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To: Haiku Guy
There are no Death Panels. There will just be a Commission for Review of Quality Healthcare Standards and Guidelines that will decide whether you are too old for chemo.
19 posted on 09/16/2009 4:19:55 PM PDT by Hugin (Sarah Palin: accept no substitutes!)
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To: dandiegirl

It’s already been debunked. President Bush and Laura met Sarah before the nomination. The libs spin is nuked.


20 posted on 09/16/2009 4:33:10 PM PDT by aphid
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