Tuesday, July 7, 2009

It's raining taxes

The increased gas tax talk is back. AND the per-mile-you-drive tax. Yes, Barack Obama said he's against raising/instituting taxes in a recession.

Prediction: He'll next say he's still against it, but he has no choice. Here's the story on that.

That's just the tip of the iceberg this week, though.

The president's budget proposal yesterday includes something I've been writing about for more than a year and what we all knew was coming.

Cap & Trade. Think your utility bills are high now?

Under this system, the government's going to set "pollution levels" (the CAP) for, among other people, producers of electricity on whatever amount they go over that level. Since coal comprises 49 percent of electricity generation in this country, they'll go over by A LOT.

The electric providers then have to buy "carbon off-sets" (the TRADE) from shell companies people like Al Gore set up to reap the benefits.

We know who benefits: The Al Gores who are running this scam.

More pertinent to most people, though, is the question of who loses. If you said the electric companies, guess again. That cost, my friends, will be passed on to Joe Consumer. Just like any other cost to businesses.

In other parts of the world where this was done a year and two years ago, like Australia, utility bills doubled and tripled, depending on the cap levels.

This, of course, came up during a press briefing at the White House yesterday. Know how they defended it?

Our increased cost will be off-set by the payroll tax cut we're getting. Wait and see if $13 covers it. And that tax cut is temporary. Cap & Trade isn't.

Besides, I thought that was supposed to be part of the "stimulus" bill that would pull our economy out of the toilet? Appears from where I'm sitting that the only thing being stimulated are the bank accounts of people like Al Gore who are perpetrating this whole Global Warming scam upon this planet.

Now, I know a lot of you who toe the Democrat Party line will say, "Oh, but Dan, a lot of this money is going toward development of wind and solar power, which will replace coal and all the bad, nasty carbon dioxide-producing ways we do it now!"

I seriously want anyone who EVEN THINKS that to spend some time doing some honest research into how long even the most rosey estimates say that will take. I'm not talking about what you're spoon-fed by the Al Gores, his liberal enablers and other environazis, that's it's right around the corner.

I think you'll find that you'll be paying MUCH higher utility bills for some time to come.

Enjoy your change, America.

(Imported from Feb. 27, 2009)

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