[[My husbands power plant is going bankrupt because they cannot pay their carbon emissions fee. They laid off 25% of the workforce, but still cant pay it. They will just limp along until it is overdue and then declare bankruptcy.]]
I’m very sorry to hear that- It’s sad that We work hard all our lives, then a president comes along and makes it so expensive to continue that it ruins us and everyone around the nation, STEALING our hard earned money in the name of a ‘problem’ that doesn’t exist, and by making prices skyrocket on everything-
Sadly you are just another victim of this administration- I bet we’d be shocked to learn just how many victims have lost their businesses because of carbon regulations-
Maybe you could write into Fox news and see if someone there would run a story on how oppressive the carbon taxes were on your husband’s power plant- The public need to be made aware of what is already happening thanks to oppressive and unnecessary government regulations
I think I stated it wrong - he doesn’t own the plant, just works at it. We’d be worth 10s of millions if he owned a power plant (other than the bankruptcy thing).
It’s actually worked out well for us. It was the prompting we needed to Go Galt, as we’ve been contemplating for years. He offered to be laid off, to save one of the others’ jobs - but was turned down since he’s the compliance manager and none of those being let go could do the job. (He deals with the idiocy of Big Government first hand - hence his willingness to quit)
We will be keeping our taxable at $20K so with personal exemptions and the standard deduction, we will pay nothing. We’ll open a couple of small businesses and put every other than $20K into a 401K, to avoid taxes, but also to add to our savings, which we will be dipping into to live. $20K just won’t be enough, even with living a simple country existence.
Thanks for your well-wishes but it will be great (I hope) and we’ll be ready for the tide to turn. I wish everyone here could do the same - feeding the beast just encourages it.