obama wouldn't use so much as a penny of those monies to cut the deficit. He would use the monies to create new spending programs.
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To: chessplayer
Obama can’t “levy” squat. Taxes have to come from Congress.
To: chessplayer
Ask the Aussis how they like their carbon tax which will cost Australians $20 billion to reduce CO2 from 1 molecule in 5.6 million molecules of air to 1 molecule in 6 million molecules of air. Check out the
Galileo Movement website .
To: chessplayer
You cannot raise taxes in an economic downturn and expect increased revenue. Increased revenue can only occur when the economy is growing or flat. Extra tax burdens such as these can only drive up expenses for businesses and individuals. Those extra expenses decrease profits and tax liability. And in the economy we find ourselves in, increased costs will cause some businesses to close completely.
To: chessplayer
A “carbon tax” is a declaration of war on rural America (ditto for raising the motor fuels excise tax).
55 posted on
11/08/2012 1:50:03 PM PST by
The_Reader_David
(And when they behead your own people in the wars which are to come, then you will know...)
It's really amazing at how short the memory of the "dumb masses" is. Obama said, and I quote, that "energy prices will necessarily skyrocket." Amazing how the ministry of propaganda never repeats that quote. If Obama can somehow get a "carbon tax" enacted, combined with the shutdown of dozens of coal fired power plants, I really wouldn't be surprised if electricity rates double before the end of 2014, and I'm really hoping to see "rolling power outages" in California, due to higher consumption but reduced generating capacity. Maybe Obama will save them. Actually, the consumption may go down, as companies and businesses in CA move out of state or just go out of business and shut down.
Mark
56 posted on
11/08/2012 1:57:45 PM PST by
MarkL
(Do I really look like a guy with a plan?)
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