Carbon Tax would slam the poor and workers most

[Mech]

This communistic garbage gets me BOILING FUCKING MAD!!!

So much for liberals "caring about the poor and working man."

Fuck them!!






CBO: ‘Cap-and-Trade’ Program to Curb Global Warming Hurts Poor the Most
Posted by Noel Sheppard

Here’s an extraordinarily inconvenient truth the press will likely not report: a “cap-and-trade” program designed to curb carbon emissions in order to "solve" global warming will negatively impact the poor the most.

Think Charlie, Brian, and Katie will do a story on this tonight?

Regardless of the answer, the reality is that as folks like soon-to-be-Dr. Al Gore and his sycophant devotees recommend solutions to a conceivably nonexistent problem, few care to address the negative economic impact of such strategies.

Towards that goal, the Congressional Budget Office released a study on Wednesday that didn’t paint a very pretty picture of the financial ramifications of a cap-and-trade program proposed by Democrats (emphasis added throughout):

Regardless of how the allowances were distributed, most of the cost of meeting a cap on CO2 emissions would be borne by consumers, who would face persistently higher prices for products such as electricity and gasoline. Those price increases would be regressive in that poorer households would bear a larger burden relative to their income than wealthier households would.

Hmmm. So, poorer households would be the hardest hit by this scheme. Think this will be headline news? Yet, there was more in this report that likely will be ignored:

Any policy that reduced U.S. emissions of carbon dioxide would inevitably create costs for existing workers. Job losses could occur throughout the economy but would probably be especially large (in percentage terms) in industries associated with high-carbon fuels.

And:

A cap-and-trade program for CO2 emissions would tend to increase government spending and decrease revenues. Like other consumers, the government would face higher prices for energy and other carbon-intensive goods and services. In addition, by leading to a decline in the production of such goods and services, the cap would cause a decline in the taxes collected on corporate profits. If the government wanted to provide the same level of services without increasing the budget deficit, it would have to either raise taxes or use part of the value of the allowances to cover the changes in federal outlays and revenues.

Hmmm. So, this scheme would increase unemployment, hurt the poor, result in higher taxes, drive up inflation, and increase budget deficits.

Any questions as to why this CBO report will likely get little airplay?

[Mech]

Why a Carbon Tax Won’t Save The Planet

Brent Jessop
Knowledge Driven Revolution
Sunday Aug 19, 2007

Lets assume that Global Warming is real and that man’s emissions of greenhouse gasses is the cause. Would a carbon tax work?

Problem Number 1: The Government Likes Your Money

A carbon tax is usually sold along with the promise of tax cuts elsewhere to perfectly counterbalance the increase from any new carbon tax. This is supposed to shift the tax burden to the biggest polluters and not just collectively punish everyone. Sounds nice. But, the government likes your money. So, any initiatives they pursue to reduce carbon emissions would also reduce their income. Not a good way to motivate government bureaucracy, after all, they need your money to pay their salaries and bonuses.

Problem Number 2: Who Keeps Count?

As the elite like to say, a global problem needs a global solution. So, who keeps count of all the carbon emissions? Do national governments? Would you trust communist China to report their carbon quotas honestly? Do you want a gigantic United Nations bureaucracy of inspectors scouring the globe checking every tailpipe and smokestack?

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Problem Number 3: Shifting Taxes

I think it is evident to everyone that some groups are more equal than others in the eyes of government. So the burden of this new carbon tax could - and would - be shifted away from a big polluting industry by simply offsetting the new carbon tax. That is, a $100 million carbon tax shortly followed by $100 million in corporate handouts and other tax cuts. The result being the burden of the carbon tax is now on the average driver and home owner instead of the biggest polluters. Later, when the carbon tax is not reducing the country's carbon footprint the way it was originally expected, the environmental lobby begs for an ever higher carbon tax.

Problem Number 4: Who Does the Enforcement?

What happens to all the cheaters? Who becomes the enforcer for the entire world? That is a mighty big stick to hand someone, isn’t it?

Problem Number 5: There is No Problem

Sometimes a rat is harder to smell the bigger it gets. Whenever someone is trying to convince you that there is a major crisis that needs your immediate attention and unwavering loyalty you should always look at the solutions they offer as a way of judging their intent.

The problem was created (yes created) by the United Nations, some of them dressed as scientists, most in suits, and their solution requires huge steps toward and stronger more empowered United Nations. Can you smell the rat now?

Some closing words to ponder:

“In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill” – Alexander King and Bertrand Schneider, The First Global Revolution, A Report by the Council of The Club of Rome (1991).

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One word = ILLUMINATI