Obama's Cap And Trade = High Taxes And Less Work For All

This Eco nut job Cap and Trade system that Obama wants to install is like a HUGE tax increase for everyone. Cap and Trade will cause every form of manufacturing, oil producing, and energy producing companies to jack up their prices, way up. How you ask? When the government taxes a company they don't pay it, they pass it down to the end user. That is us.

Study after study over the past several decades has shown how countries that spend more produce less, while nations that tax less produce more. Obama is doing it wrong on both counts.

And as far as middle-class tax cuts are concerned, Obama’s cap-and-trade program will be a huge across-the-board tax increase on blue-collar workers, including unionized workers. Industrial production is plunging, but new carbon taxes will prevent production from ever recovering. While the country wants more fuel and power, cap-and-trade will deliver less.

The tax hikes will generate lower growth and fewer revenues.

That $13 or $9 or what ever it ended up being, is in your check, you will turn around and send double to the government. Are you ready for this people? Do you regret voting him in yet? I know a lot of Democrats that are.

On the job front, if you think that high taxes in an industry is going to help keep and produce jobs, I have a bridge I am selling.

The bad thing is that stupid people still think this is all because of Bush, but if all of this continues, I see huge loses for the Democrats in '10.