Video: Barack Obama Admits that his Energy Policy will Raise Prices on Consumers

 In this video Barack Obama admits that by raising taxes on the energy companies the cost will be passed on to consumers. This is not a new idea but it is something that the left doesn’t like to admit. Their whole mantra is punishing bigbusiness, but they neglect to mention that when taxes go up on big business that the cost is passed on to the consumer. Here Barack Obama admits exactly what I have just written. What do you think is going to happen to gas prices when new taxes are imposed on oil companies?

Hat tip: No Looking Backwards