Posted on 12/13/2021 8:59:43 AM PST by SeekAndFind
President Joe Biden is desperately trying to get his multi-trillion dollar spending package passed on Capitol Hill before Christmas, but according to the Wall Street Journal, Build Back Better includes a significant tax on natural gas.
"It could be a rough winter for energy prices across the U.S., and the Democratic spending plan will make it worse. The House passed what it calls a 'fee' on methane that amounts to a stealth tax on natural gas and everyone who uses it," the Editorial Board writes. "The bill slaps an escalating tax on methane emissions by oil and gas producers that will reach $1,500 per ton by 2025. The fee is meant to be President Biden’s contribution to the recent Glasgow vow to reduce global methane emissions 30% by 2030. The tax is estimated to raise $8 billion over 10 years."
"Producers will naturally pass the cost of the tax along to customers. Some 180 million Americans use natural gas to heat homes and run appliances, while some 5.5 million businesses use it to run their workplaces and manufacturing facilities," they continue.
As I wrote in my VIP column last week, the pain of Biden's energy plan is the point. The administration is punishing Americans for using traditional energy sources in order to transition the country to a Green New Deal utopia of wind and solar.
Biden Energy Secretary Jennifer Granholm: "We're working through an energy transition. And we’ve got to start by adding energy, and the reality is, we have to take some time to get off of oil and gas, we recognize this. This is a transition."
pic.twitter.com/NaUGzkJfof— Breaking911 (@Breaking911) November 22, 2021
Meanwhile, the Congressional Budget Office has scored the bill and shows it will add $3 trillion to the deficit.
The Congressional Budget Office says the Build Back Better bill would add $3 trillion to the deficit over 10 years if its programs are made permanent. https://t.co/W6JYN2XsLF— Wall Street Journal Opinion (@WSJopinion) December 13, 2021
“We have to pass it to find out what’s in it”
I am SHOCKED!!! Next he will tax us if we go to church. But if we go to see a stripper with our kindergartener THAT we will be a TAX DEDUCTION.
We’ll all be living in “Pottersville”
Bingo!
This is just the beginning of tax and spend affecting the middle-class.
The price of meat will increase due to "cow farts", "sheep dip", and "pig slop".
Farmers and meat lovers are not amused !
They’re implementing the socialist agenda without using any of the buzz words.
Carbon tax anyone?
FJB Let’s go brandon!
Notice how easily everybody incorporates leftist talking points?
Has anyone noticed Congress hasn’t passed a budget since, what, maybe 2008 or so?
So they don’t (because they cannot) call them budgets, just word salad “spending packages”. Or “Continuing resolutions” or whatever. “Stimulus”.
But the fact there are no longer budgets is left unremarked.
It is my understanding that the tax is on methane that makes it into the atmosphere instead of your gas main.
Please, somebody point out to me where Americans voted to “transition” or “get off of oil and gas”.
Or alternatively let’s get this on the ballot RIGHT NOW. These people are saboteurs.
“There’s a Massive Gas Tax in Biden’s ‘Build Back Better’ Spending Bill”.
There’s a Massive *Commie Turd* in Biden’s ‘Build Back Better’ Spending Bill.
Katie Pavlich was on the National Review “Against Trump” cover.
Has she ever recanted?
Build Back Better should be an impeachable offense.
BidenHarris have already jacked gas up to $5.49 (depending on which station and city )
and now he wants to jack it up even higher!?
Recall Obama saying he wanted to jack gas up to $8 or $10 a gallon
it is happening folks, it is happening
Welcome back to the Soviet Union.
Belching bovines and their brotherly beasts will not be specially taxed in the near future.
A 2026 Bribe Better bill may require their financial contributions.
“Welcome back to the Soviet Union.”
Tractor production is down comrade.
And there will be no $10/month tower flat housing either, at least for Free Republic readers.
McConnell and Romney are fully on board.
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