Urbin Report

Monday, March 30, 2009

Cap and Tax

Our Dear Leader's so-called "Cap and Trade" program is really a "Cap and Tax" program that is going to suck more money from the paychecks of every American.

This energy tax is going to hit the poorest the hardest, since they pay the largest percentage of their income on energy costs (electricity, heating and transportation).

White House sources have admitted that this will be an average increase of $1,800 per family!

President Obama’s energy tax plan -- a version of the failed European “cap and trade” global warming fiasco -- may cost families $1,800 yearly in higher utility bills, far exceeding his promised $800 a year tax cut for 95% of Americans.

While campaigning, Obama admitted that his energy plan would cause electric bills to “skyrocket.” President Obama’s energy tax plan -- a version of the failed European “cap and trade” global warming fiasco -- may cost families $1,800 yearly in higher utility bills, far exceeding his promised $800 a year tax cut for 95% of Americans.

While campaigning, Obama admitted that his energy plan would cause electric bills to “skyrocket.”


So when Candidate Obama said that Americans making less than $250,000 a year would not see any new taxes, he was lying! Get used to it folks. It's a long way until January 20, 2013.

Also published at the Urbin Report.