Barry's our man!!

[dude1394]

More on the upcoming cap-n-trade tax.

May 21st, 2009 by Bruce McQuain The Heritage Foundation breaks ‘cap and trade’ down to 10 points you may want to consider:

1. Cap and Trade Is a Massive Energy Tax
2. It Will Not Make a Substantive Impact on the Environment
3. It Will Kill Jobs
4. It Will Cause Electricity Bills and Gas Prices to Sharply Increase
5. It Will Outsource Manufacturing Jobs and Hurt Free Trade
6. It Will Make You Choose Between Energy, Groceries, Clothing, and Haircuts
7. It Will Be Highly Susceptible to Fraud and Corruption
8. It Will Hurt Senior Citizens, the Poor, and the Unemployed the Worst
9. It Will Cost American Families Over $3,000 a Year
10. President Obama Admitted “Electricity Rates Would Necessarily Skyrocket” Under a Cap-and-Trade Program (January 2008)

So, what can you expect when they realize that number 8 makes it a very regressive tax?
That’s right, a subsidy will somehow become part of the arrangement. And who pays subsidies? What those who they arbitrarily determine can “afford” them.
Therefore, in addition to this:

[92bDad]

Originally Posted by dude1394

More on the upcoming cap-n-trade tax.

Just to ensure I understand this...this Cap-N-Trade tax only applies to those who have an income of over $250,000 per year...this has no effect on the other 95% of our society?

Isn't that what Obama promised, that 95% will pay the same or have lower taxes.

Good thing that 95% of Americans don't have to worry about Cap-N-Trade???