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Obama’s Energy Plan is a Backdoor Tax Increase

March 4, 2009

 obamafingerPresident Obama has cut the taxes of middle class Americans temporarily by $13, this will drop temporarily to $8 next year before returning to the current rate in year three permanently. But there are other taxes middle class Americans are going to be paying that will  not only nullify these tax decreases but will also surpass them.

  First there is the expiration of the Bush tax cuts that Obama has said he will let expire, this will raise taxes on ALL Americans, not just the rich. And as if that tax increase isn’t enough, Obama’s cap and trade policies on emissions that theoretically are to blame for global warming (thankfully, like every other problem to a Democrat, a tax will just happen to solve the problem, that sure is convenient, huh) will also amount to a tax increase on ALL Americans. This includes the middle class.

This massive hidden energy tax is going to work its way through every aspect of American life,” said Rep. Dave Camp of Michigan, the top Republican on the Ways and Means Committee. “How we light our homes, heat our homes and pay for the gas in our cars, in every phase of our daily lives, we will be paying higher costs

   This is the one part of the global warming issue where the debate is closed, there can be no more debate on the issue of global warming and taxes. The debate is over. Policies designed to fight this scam all involve the American people paying higher taxes. Every American.

   Even White House Budget Director Peter Orszag is admitting that Obama’scap and trade plan is going to hit the American people with higher energy costs, he isn’t trying to hide that little backdoor tax increase any more. We are ALL going to pay higher taxes. But that is what you get with Obama, it should surprise nobody.

  Yet the president is still out there claiming that 95% of Americans will get a tax break. He and Orszag are still using the angle that Americans are getting tax breaks elsewhere, but when these tax breaks are smaller (and only temporary whereas Obama’s cap and tax trade proposal will be permanent) than the tax increases that the American people are about to receive, what the hell good are they? He is giving us a kiss before he, well you get the idea.

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2 Comments leave one →
  1. jm's avatar
    February 2, 2010 2:27 pm

    The original article from Reuters was taken down because it is factually inaccurate. The author admitted making a mistake with the numbers. I’m sorry that your information is no longer valid 😦

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  2. Steve Dennis's avatar
    February 2, 2010 3:08 pm

    Ah, perhaps you should look at the date of this post.

    Like

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