Cap & Tax

Treasury Admits Cap and Trade is a "Massive Tax"

Well....friggin' DUH.

The energy tax amounts to $1,761 a year for families – “the equivalent of hiking personal income taxes by about 15 percent” as stated by Declan McCullagh of CBS News.

wtp

Cracks in the Facade?

Let's try to make this delay PERMANENT!

"Aug. 31 (Bloomberg) -- The chief Senate sponsors of a bill aimed at curbing global warming have pushed back its introduction from next week until later in September. Barbara Boxerof California and John Kerry of Massachusetts, in an e-mailed statement today, cited Kerry’s hip surgery this month, the death of Senator Edward Kennedy and the debate over health-care legislation as reasons for the delay."

Senate Democrats Push Back Climate Measure Schedule (Bloomberg News)

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Energy Bill

Just because ØbamaCare is on the front burner, let's not forget about the other disaster-in-the-making, Crap 'n Tax.

The Heritage Foundation  Published The Economic Consequences of Waxman-Markey: An Analysis of the American Clean Energy and Security Act of 2009.

And yes, it is just about as exciting as that title. But....if we want to fight it, we have to understand it.

Sigh...

wtp