Democrats New $854 Billion Tax

Discussion in 'Politics' started by Sinatra, Dec 17, 2009.

  1. Sinatra
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    Sinatra Senior Member

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    CBO released its findings regarding the new EPA/Cap n Tax program being pushed by the Democrat leadership in Congress - and supported by the Obama White House.

    This one program alone proposes $854 billion in "increased revenue" to the federal government.

    How can that kind of tax increase not impact all Americans - particularly the lower class? Everything from utility rates to cost of food will go up.

    This is Big Government fiscal madness at its very worst...

    ___

    Cost Estimate for S. 1733, the Clean Energy Jobs and American Power Act
    Yesterday CBO released a cost estimate for S. 1733, the Clean Energy Jobs and American Power Act, which was ordered reported by the Senate Committee on Environment and Public Works on November 5, 2009. This legislation would make a number of changes in energy and environmental policies largely aimed at reducing emissions of gases that contribute to global warming. The bill would limit or cap the quantity of certain greenhouse gases (GHGs) emitted from facilities that generate electricity and from other industrial activities beginning in 2012.

    Increase federal revenues by about $854 billion;

    ___

    Full report here:


    Director’s Blog » Blog Archive » Cost Estimate for S. 1733, the Clean Energy Jobs and American Power Act
     
  2. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Best begin to like it. You ain't seen nothing yet!
     
  3. Sinatra
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    Sinatra Senior Member

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    I've seen enough.

    Time for the 2010 reset to begin...
     
  4. Mr. H.
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    Mr. H. Diamond Member

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    ...and the other shoe drops.

    *thud*
     
  5. oreo
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    oreo Gold Member Supporting Member

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    Well--you know they're trying to save the planet--:lol::lol: Now if these little Einsteins can figure out how to keep our C02 free air from wandering off to other countries, maybe mother earth will decide not to do a global melt around our shores--:lol::lol:

    $complete_idiots_globalwarmi.gif
     
  6. Sinatra
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    Sinatra Senior Member

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    Perhaps if all the DC politicians just stopped breathing, the earth would be saved!

    Good God - just one tax alone and they are shooting for nearly a trillion dollars on the backs of Americans who are already trying to survive these very tough economic times.

    Sheer madness...
     
  7. oreo
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    oreo Gold Member Supporting Member

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    You're absolutely right--this is absolute insanity. Yeap--lets raise utility costs to business & consumers during the worst economic crisis since the great depression--sending food & other necessities through the roof.---:cuckoo::cuckoo:

    One has to start questioning if the federal government wants us all living under bridges?
     
  8. Sinatra
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    Sinatra Senior Member

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    It appears the Feds want us all living under their thumbs...
     
  9. kyzr
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    kyzr Gold Member

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    I'm curious how fast the GOP can UNDO some of these stupid new laws?? I assume Obama would veto any undo law, but at least a GOP majority should slow down some of the moronic new/proposed laws from 2010 thru 2012. I'M UPSET WITH C+T, UHC, IMMIGRATION/AMNESTY, giving $100b to China for global warming, and thats just the stupid stuff I know about.
     
    Last edited: Dec 18, 2009
  10. Joe Steel
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    Joe Steel Class Warrior

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    There's no such thing as "Cap n Tax."
     

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