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To: Nuc 1.1

The solution is multi pronged, at least two pronged.

The primary prong is inflation. The debt will be devalued

The Democrats will not implement a direct tax on their base. It is political suicide. The tax will be more insidious than inflation. The tax will be trickle down. The Trickle down tax is Cap and Trade. Energy producers will pay the tax and charge it back to their customers. Everybody, even the poorest of the takers, uses energy and will pay the tax. The trickle down will be very regressive in nature.

Some say there will be exemptions but not total. they will still pay some trickled down tax


12 posted on 12/28/2012 6:00:12 AM PST by bert ((K.E. N.P. N.C. +12 .....The fairest Deduction to be reduced is the Standard Deduction)
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To: bert

Buy a wood stove or wood furance and property that has trees to sustain a long term cutable yield. If you heat your home with your own wood there is no tax on it. That is as long as they do not tax my CO2 output of my chimney. However, right now the govt. percieves wood fiber/cellulos as carbon neutral.

FYI, I am moving to a property that has about 12 acres of mixed hardwoods. My first purchase after moving in will be the largest wood stove that Jotul or Vermont Castings makes. These cast iron stoves are between 75-80% efficent. There are also wood gasification furnaces available today that burn at a efficency rate in this range.

I am sure there are other ways to avoid the taxes on energy coming our way.


14 posted on 12/28/2012 6:21:47 AM PST by woodbutcher1963
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To: bert

Wrong, the cost will not be laid upon the customers. That is one of the most popular economic sophisms. People won’t pay any price for energy. Supply and demand is still in effect. Cap ‘n’ Trade is a tax on any business that uses energy, anyway, and will be built into the cost of everything, not just that for which demand is inelastic.

Cost will be carried back to the origin of production. Which means less jobs.


17 posted on 12/28/2012 7:33:33 AM PST by Tublecane
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To: bert

As bad as are VAT taxes, by the way, they are in no way as sinister as inflation.


18 posted on 12/28/2012 7:35:31 AM PST by Tublecane
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To: bert
Monetizing the debt is not really a solution. It allows the government to pretend it is paying its bills. Inflation is the cruelest of taxes. I don’t believe cap & trade will pass. However, I will admit it is a possibility. Our people’s foolishness is depressing. Happy New Year FReeper. Ay The Lord bless you and yours
21 posted on 12/28/2012 8:20:03 PM PST by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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