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WAHSINGTON(sic),
Sept 26 (Reuters Point Carbon) -
Imposing a $20 per metric ton carbon tax in the U.S. could reduce the
country's budget deficit by 50 percent over the next 10 years, a report
by the Congressional Research Service said on Tuesday.
Such a tax would generate approximately $88 billion in 2012, rising to
$144 billion by 2020, the report said, slashing U.S. debt by between 12
and 50 percent within a decade, depending on how high the deficit climbs
Coming
close to an admission of what's driven the ridiculous
man-caused-climate change hypothesis all along: control of the worlds
economy via carbon tax. Use whatever term suits you;
communist, world orderists, socialists, fascist
Democrats - they are never stopped by less than flame throwers big and
small. Never.
Aside:
The spelling "WAHsington" was no error. It's the Wahabi version
purchased by the Saudis and waiting implementation if Obama is
reelected. Shhhh.
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The theme for this year's elections should be, "We don't have a taxing problem, Stupid, we have a SPENDING problem." We have been telling DC this for years and the morons keep coming up with new tax schemes. This is a bi-partisan problem.
ReplyDeleteGrinfilledCelt
The projection of revenue for 2020 is only ~10% of our current deficit. It would only cover 50% of any potential deficit if we shitcan RINOs and Dims.
ReplyDeleteskh.pcola
There should be a footnote to the effect: "We assume that increasing the tax burden has ZERO effect on the economy. If the economy responds as it has in the past when taxes were increased, all bets are off. The projected increases over time will actually be decreases as the economy grinds slower and slower. Additionally, everything you use, buy or consume will cost more. Thank you for bidding"
ReplyDeletetomw
Irony of ironies: http://www.cnbc.com/id/49218229
ReplyDelete