Screwing the American Public - Destroying America's Small Businesses
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Bailout bill includes Hidden Carbon
Tax Provisions! |
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2 Oct 08 – Excerpts: “If you look at page 180 of the 451-page monster bailout bill that easily passed the Senate yesterday (PDF here), you will see that it includes at Section 116 language about the tax treatment of “industrial source carbon dioxide.” It also provides, at Section 117, for a “carbon audit of the tax code.” “This appears to be an attempt by global warming fanatics to lay the foundation for an economy-killing carbon tax just like the “cap-and-tax” system that is now destroying European industry. This at
a time when we’re going to need every ounce of carbon “If you think the Mother of All Bailouts is bad, just wait till you see the carbon tax. Get ready to reduce your standard of living drastically. How do they
expect the economy to recover if they raise taxes on “It really shouldn’t be a surprise that these non-germane provisions are included in legislation that is supposed to save all of us from economic Armageddon. “After all, Henry Paulson is a confirmed environmentalist and global warming true-believer who abused his power at Goldman Sachs. While Paulson headed Goldman Sachs he simultaneously headed the Nature Conservancy and his wife was a former Conservancy board member. (See “In Goldman Sachs We Trust: How the Left’s Favorite Bank Influences Public Policy,” by Fred Lucas, Foundation Watch, October 2008.)" Why
should we trust the people who got us into this mess in the first See entire article by Matthew Vadum: (Hat tip to Paul Chesser, of Center for Climate Strategies Watch, as posted at AmSpecBlog)
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