It’s off to a slow start, but I think BHO’s “stimulus” is actually creating job. No, that’s not a typo. He’s created a job. Now he’s got a guy whose job it is to explain why more taxes are a good thing when they end up meaning less taxes.
Following Al Gore further down his rabbit hole, BHO is pushing to auction off carbon pollution permits -- cap and trade. And what happens when those corporations have an increase in their cost of doing business? We the consumers get taxed in the form of higher prices. For electricity, gas, heating oil…the list goes on.
His plan is to use the money he raises there to pay for his “Making Work Pay” tax credits – the $400 - $800/year less the IRS will be stealing from us. (Is that really a tax break, or are they just going to deduct less? I can change my W-4 any time I want.)
Recap (and trade): Charge corporations more to provide services which will now cost us more and use the money to pay for not taking as much money from us to begin with so we can pay for the more expensive services.
I don’t get it either. Good thing Mr. Orszag’s job is to explain it all.
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