CLICK HERE TO SEE BRUCE ASH on OBAMA'S LIES ON CAP & TRADE
95% of Americans were promised by Barack Obama they would not see their taxes increase by “a single dime.”
Obama lied.
When Obama played his sleight of hand tricks with the Stimulus and the Omnibus spending bills he also proposed a new very inconvenient Cap and Trade tax on energy producers which will end up being paid for by consumers as a hidden climate change tax. Unfortunately, the lion’s share of these climate change revenues won’t help fund alternative energy research. Instead these taxes will be used to finance the collectivist agenda of this president.
The prospect of nearly $650 billion in new revenues has Democrat appropriators Charlie Rangel and Henry Waxman salivating. Not only because it means they create more people dependent upon their cancerous largesse but better yet it also becomes a source
of tens of millions in new Democrat campaign contributions from affected companies.
Obama says we’re supposed to be living in a new era of fiscal honesty. How about starting with Cap and Trade? Margaret Thatcher said, “The problem with socialism is that you eventually run out of other people’s money.”
Cap and trade taxes dump more taxes on everyone. It’s bad policy.
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