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2009-09-22 Home Front: Politix

A Secret Cap and Trade Tax of $1,761 Per Family?

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Posted by Fred 2009-09-22 00:00|| E-Mail|| Front Page|| [1750 views ] Top

1 It's actually worse that. The specific purpose of a cap and trade system as opposed to a taxation regime is to allow international trade in offsets.

Depending on the level of the cap versus demand, at least tens of billions of $$ will flow out of the country.

Ironically most of current money flows (under Kyoto) go to modernizing factories in China under the guise of reducing emissions of NO2 and a few other things.

The Chinese must be laughing their arses off.

Posted by phil_b 2009-09-22 01:38|| 2009-09-22 01:38|| Front Page Top

2 At $30/ton CO2, I calculated it will cost the family of four $1600/year. That's the same as every American family gifting a new car every 10 years to those government cronies selected to collect the wealth.

Posted by ed 2009-09-22 06:41|| 2009-09-22 06:41|| Front Page Top

3 Betweem cap and trade, supporting the elitists in Washington, and forced health care insurance, there won't be enough left to eat unless it comes from a government breadline. Oh, maybe this is the plan.

Posted by JohnQC 2009-09-22 09:03|| 2009-09-22 09:03|| Front Page Top

4 Went back and looked at my notes. The $1600/family of 4 is at $20/ton CO2. That's the starting point. The Obamaists are talking of then gradually moving the cost up to $30 or $35/ton. That's $2400 or $2800/family/year.

Posted by ed 2009-09-22 09:18|| 2009-09-22 09:18|| Front Page Top

5 Taxing something as ubuiquitous (and harmless) as CO2, doesn't lower "pollution" it just moves who "pollutes"!

This is Marxist redistribution with a veneer of green. i.e. A typical Melon idea.

Posted by Bright Pebbles 2009-09-22 11:10|| 2009-09-22 11:10|| Front Page Top

6 And who, pray tell, will be managing the trading of the crap and trade? [and getting fees for doing absolutely nothing of value]
/rhetorical question

Posted by Alaska Paul 2009-09-22 21:43|| 2009-09-22 21:43|| Front Page Top

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