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Obama Proposes Nearly $90 Billion in Tax Hikes on Energy Producers
ATR ^ | 2012-02-13 | Christopher Prandoni

Posted on 02/14/2012 10:27:01 AM PST by 92nina

Obama Energy Tax Proposals
The President’s FY 2013 budget contains billions in tax increase on energy production and consumption. These taxes will result in higher prices at the pump, increased utility bills, and fewer American jobs as companies flee the U.S. and companies cannot recover their investments. Below is a breakdown of energy taxes Obama put forth in his 2013-2022 budget:

[HTML Chart was over 300 words so I could not carry it over.]

ATR Recommendations
Congress should reject these new tax increases and move to rapidly increase access to domestic energy resources in the Eastern Gulf of Mexico, part of the Rocky Mountains, the Atlantic and Pacific Outer Continental Shelves, and ANWR. Increased access would:

Read more: http://www.atr.org/obama-proposes-nearly-billion-tax-hikes-a6729#ixzz1mNgDQtEi

(Excerpt) Read more at atr.org ...


TOPICS: Business/Economy; Government; Politics; Reference
KEYWORDS: bho44; economy; obama; taxes
Tax hikes to kick in...after the 2012 election.

Take this article and others I found to the fight to the Libs on their own turf; put the Left on the defensive at Digg and at Reddit and in Stumbleupon and Delicious

1 posted on 02/14/2012 10:27:14 AM PST by 92nina
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To: 92nina

Kill all the golden geese.


2 posted on 02/14/2012 10:38:19 AM PST by Joe the Pimpernel (Too many lawmakers, too many laws, too many lawyers.)
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To: Joe the Pimpernel

“The golden goose is on the loose, and never out of season....”

Iron Maiden, 2 Minutes to Midnight


3 posted on 02/14/2012 10:50:21 AM PST by sappy (criminaldems)
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To: 92nina

4 posted on 02/14/2012 10:51:25 AM PST by nhwingut (Sarah Palin 12... No One Else (Maybe Tim Thomas))
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To: 92nina
obama beatings, obama beatings
5 posted on 02/14/2012 11:09:32 AM PST by FrankR (You are only enslaved to the extent of the entitlements you receive.)
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To: 92nina

Imagine what it’d be if he hadn’st promised to cut the budget.


6 posted on 02/14/2012 12:38:15 PM PST by bgill (Romney & Obama are both ineligible. A non-NBC GOP prez shuts down all ?s on Obama's admin)
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To: FrankR

FrankR,

Good use of the turn of phrase; especially like the Obama symbol in the eye.


7 posted on 02/14/2012 12:42:42 PM PST by 92nina
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To: 92nina

Hey someone wake that guy in the corner up, yeah that guy with the GOP jacket on. SILENCE NOTHING BUT SILENCE I’m dumbfounded.


8 posted on 02/14/2012 3:48:00 PM PST by ronnie raygun (V)
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To: 92nina

Lenin identified finance, oil, large industrial manufacturing, and mass transportation as the “commanding heights” of any modern economy.

With the exception of air and rail freight, mass transportation has largely been a state enterprise in the US for decades. TSA, unions, and escalating jet fuel prices are wrecking the air transport industry. Obama has already completed the seizure of the commanding heights of finance either through direct state ownership of virtually all mortgage finance or through regulation. He has seized or co-opted the largest manufacturers in the US, GM and GE for example. Now he’s working on the oil and gas industry. First, he wrecks its commercial viability with regulations and taxes. Then he nationalizes it.

It’s pretty obvious.

What’s not so obvious is whether his faerie dust and unicorn “alternative energy” schemes are grounded in utter ignorance of energy economics or part of a deliberate, cynical strategy to wreck the energy industry. Ignorance or malice? I used to think Occam’s razor would conclude that ignorance was more likely to be correct. Now malice toward free enterprise seems much more likely.


9 posted on 02/14/2012 5:22:25 PM PST by Skepolitic
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