Annie
Diamond Member
- Nov 22, 2003
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First give it to the auto industry, then take if from the people. Oh yea, hope and change. Chump change perhaps
Editorial: Cap-and-trade plan will sink Michigan | detnews.com | The Detroit News
Editorial: Cap-and-trade plan will sink Michigan | detnews.com | The Detroit News
Wednesday, March 4, 2009
Editorial: Cap-and-trade plan will sink Michigan
The Detroit News
President Barack Obama's proposed cap-and-trade system on greenhouse gas emissions is a giant economic dagger aimed at the nation's heartland -- particularly Michigan. It is a multibillion-dollar tax hike on everything that Michigan does, including making things, driving cars and burning coal....
...Doing so will drive up the cost of nearly everything and will amount to a major tax increase for American consumers.
Such a tax will hit the Midwest particularly hard, which is why House Minority Leader John A. Boehner, R-Ohio, told the New York Times, "let's just be honest and call it a carbon tax that will increase taxes on all Americans who drive a car, who have a job, who turn on a light switch, pure and simple."...