The American Spectator

home
ADVERTISEMENT
ADVERTISEMENT
The Largest Selection of Liberal-baiting Merchandise on the Net!
ADVERTISEMENT
ADVERTISEMENT
Print Email

AmSpecBlog

The new "global warming" tax: biggest U.S. tax hike ever

President Obama's budget outline released today includes substantial assumed revenues from a new "global warming" tax, the largest revenue-raising measure in U.S. history - at $300 billion per year from mandating then selling "cap-n-trade" carbon dioxide ration coupons, vastly bigger than the tax to fight WWII even in present dollars ($107 billion per year). It's spectacularly larger than the last energy tax hike tried by the same crowd, the proposed (and failed) 1993 BTU tax that Al Gore now says cost the Democrats control of Congress ($47 billion as proposed). So much for Obama studying the mistakes of the Clinton-Gore administration's first year.

He plans on raising from the energy tax imposed in order to avert the end of the world to pay for his social engineering agenda.

This adds a special twist to the old conundrum of "sin taxes" - the demonized vice immediately becomes a virtuous, or at least indispensible, contributor to the public purse. Now, the (faltering) theory of catastrophic Man-made global warming is a necessary catastrophe to claim he's averting: the Obama administration needs the threat in order to offset, at the bookkeeping level, much of his agenda.

But how, precisely, does he continue the revenue stream when he succeeds at his express goal of this scheme, as told during the campaign to the San Francisco Chronicle, to "bankrupt" coal and those who try to burn it (to produce more than half of our electricity) by ensuring that electricity prices "skyrocket" for those who dare? That's a problem, but one the tax-raisers will surely find a way around, in the form of raising other taxes...a lot.

Another twist is found in various media reports today of the Obama administration's line, that some portion (up to 20%) of the annual $300 billion raised by the global warming tax "would go to tax credits for lower- and middle-income working families."

Don't forget what this largess represents. It is not aid to improve their lot from current conditions but instead, as I have previously written, in the words of legislation recently floated to implement such a scheme, "compensation, through the issuance of a monthly rebate, for the loss in purchasing power resulting from" imposing the global warming tax. It is an attempt to make some of those hardest hit by this price-hiking and job-killing measure closer to whole before imposition of the tax.

The transfer is a new entitlement and the global warming tax, the largest hike in U.S. history, is in perpetuity, requiring that government always proclaim that they are protecting you from climate catastrophe, as without that premise the revenue source for their social engineering is no more.

If opponents can't win this giant misstep, I am at a loss at to what they can win in the fight to retain our system, more successful than any of those we seek to emulate with the new rush to a social democratic state.

Comments

JohnnySquares| 2.26.09 @ 1:54PM

I just made an appointment to have my personal CO2 Emissions Monitoring System surgically grafted to my mouth so Obama will know how much to bill me for the carbon dioxide I'm exhaling.

I'm not looking forward to the installation of my personal Methane Emissions Monitoring Unit.

But I guess we all have to make sacrafices to save our planet.

4356| 11.12.09 @ 3:30AM

VOB Converter for Mac os x is really a great software which can help you convert vob files on Mac to various video formats such as mp4, avi, mov, mpeg-4 etc. It is an all-in-one mac vob converter that can both convert vob video files on your hard drive and convert vob files on dvd disc.
The VOB Converter for Mac is an excellent conversion software for Mac users to convert VOB files to almost all popupar video and audio formats including MOV, AVI, WMV, MPEG, M4V, 3GP, and so on which respectively for iPod, iPhone, Apple TV, PSP, Zune, Creative Zen, various video mobile phones and other popular players.

Marc Jeric| 2.26.09 @ 2:25PM

When the globaloney cooling scam of the 1970's failed to work, we had the 1990's globaloney warming hoax; now, after 11 years of substantial cooling we are faced with the "climate change" flimflam. Well, whatever works - right? But in all these 3 panics we find the same government-paid "scientists" (almost all of them rejects of private enterprise and politically correct power-hungry socialists).

ghgjh| 11.17.09 @ 2:02AM

AVC Converter makes you access to convert all videos to AVC/H.264 video files, like MPG, MPEG, VOB, MP4, TS, RM, WMV, ASF, MKV, AVI, 3GP, 3G2, FLV, SWF, MPV, MOD, TOD, HD videos and more.
Video File Splitter is the best video splitter software to split various video formats including AVI, MPEG, WMV, DivX, MP4, M4V,
H.264/AVC, MKV, RM, MOV, XviD, 3GP, FLV, etc. This Video File Splitter is also an excellent video editor. It helps you edit your clips like Hollywood: video crop, movie trimming, and video effect adjustment.

Thomas| 2.26.09 @ 3:04PM

Insanity doesn't just run in Democrat politicians, it practically gallops.

kristoffer| 2.26.09 @ 5:11PM

its a good idea. the days of freeloading of natures resources are ending and thats good . the externatilaties will have to be internalised in order to have a realistic economy model fit for this century. the rest is old school crap.

Thomas| 2.26.09 @ 5:24PM

"the externatilaties will have to be internalised"...

What the heck does that mean? Not only does the word "externatilaties" not even exist, but how do you internalize externalities in the real world?

cjacworth| 2.26.09 @ 6:39PM

I'm all for cap-and trade. Since I heat my home in New Hampshire with 3 tons of wood pellets every year I must have a pile of carbon-neutral virtue in the bank, don'tcha think? Can't wait to glom my share of the green boodle. By the way, we've had a couple of pretty severe winters up here in the last few years. If this global warming gets any worse I'm going to be plowing my driveway on Independence Day!

Pingback| 2.26.09 @ 11:10PM

Obama's Carbon Revenue | Spatial Sustain links to this page. Here’s an excerpt:

…to buy credits from companies that pollute less, creating incentive to reduce emissions and drive back global warming. Big business is balking, and The American Spectator has come out with a scathing editorial about “the biggest U.S. tax hike ever.” I guess we’re headed for more partisan vitriol and special interest lobbying efforts. I’m hoping that this storm will pass rather…

freeto gudholm| 2.26.09 @ 11:15PM

we need to reexternalize the interioralicalized.

NH| 2.26.09 @ 11:19PM

We've given up -- if we can't pass a sovereignty bill we are in trouble and better just stockpile food, gold and guns and gather our family close because we are heading for scary times with this hitler in place.

Liberty| 2.27.09 @ 1:13AM

We have hope of winning this one. They can't say it's racist.

payingattention| 3.1.09 @ 1:35PM

How can something so easy to disprove be accepted by so many? When the global temperature increases
solid ice at the polar regions will turn to liquid and increase global sea levels. Have you been to the beach lately?

Pingback| 4.11.09 @ 10:55PM

Financial Collapse | The Truth links to this page. Here’s an excerpt:

…a universal health care system. *Despite America’s deep economic crisis, Obama is seeking to double U.S. foreign aid to other countries. *Obama’s budget proposal also included a new “global warming” tax. It would be the biggest tax increase in American history, and it would hit consumers with considerably higher utility bills. *The Pentagon budget would get a 4 percent boost - to $534…

Pingback| 4.21.09 @ 9:53AM

House of Eratosthenes links to this page. Here’s an excerpt:

…That was the horse running out of the barn, right there. Everything that can still be prevented, now, is just frosting on the cake. Some of it still does have some urgency to it. There is a new global warming tax looming. Again, if this is the scumbucket boyfriend with whom the daughter wants to elope, there comes a time you’ll have to admit you can’t stop it. But there are advantages to being…

Don Williams| 6.21.09 @ 1:02PM

Have they all lost their mind, Al Gore is nothing but a con man at it's best

Air Max| 7.27.09 @ 11:02PM

Now, we humans have to pay for the results: global - warming .

cxc| 8.10.09 @ 12:32AM

The year of 2008 wow gold is getting closer and closer to us. We need to take

molly| 8.19.09 @ 12:13AM

plastic card services
Perhaps it goes without saying that plastic card services accessed using a smart card should be as easy to use as possible for all groups of users, but plastic card services are important that every effort is made to achieve this goal. [URL=http://www.7daysprinting.com]plastic card services[/URL].When designing for plastic card services, it is useful to consider how a user interacts with all plastic card services to ensure that all aspects have been considered. plastic card services.The plastic card services provides a description for IT procurement. User interaction covers the plastic card services 's life cycle, from applying for and activating plastic card services, to ending any interaction with the plastic card services.
Plastic card
A plastic card is used in or at a terminal. Before a user can use a plastic card, the terminals in which the plastic card can be used must be located.
[URL=http://www.7days-plasticcards.co.uk]Plastic card[/URL]A user’s first interaction with a plastic card service is the process to receive a plastic card.
Plastic card.This is called plastic card issuance and covers activities such as how a user applies to access the service, how a suitable plastic card is distributed and how it is activited for use. Naturally, a central consideration for a plastic card service is the plastic card itself. It is important, therefore, that the design of available plastic card types cater for the whole user population.
plastic business cards
If plastic business cards service for whatever reason, plastic business cards may be the most important aspect to a particular user group.
[URL=http://www.7days-printing.com]plastic business cards[/URL]. Users need to be aware of what plastic business cards are available. plastic business cards readers are sophisticated devices with built-in intelligence.
plastic business cards.plastic business cards readers are found in notebooks. Combining plastic business cards with biometrics can make plastic business cards even more convenient and secure. Have a look at some state-of-the-art plastic business cards readers. And we also sales engineering services to plastic business cards.
smart card
We are part of a vast network of smart card solution partners with expertise in areas of smart card manufacturing, and smart card personalization. [URL=http://www.smartcard-supplier.co.uk]smart card[/URL].Almost two-thirds of adults who pruchase smart card spent more than the original limit on the card at the store. smart card .Smart card is ideal for loyalty cards. Unlike magnetic stripe cards, smart card works offline. Imagine a computer so small it fits inside a smart card the same size as any credit card you carry in your wallet. Im agine the smart card.You can start your own affordable loyalty program with smart cards. Smart card developers have many choices of smart card systiem design.
PETG
We can supply from stock a complete range of PETG for use with card printer. [URL=http://www.7daysprinting.co.uk]PETG[/URL].The recently updated PETG fooers all the features required to create card layouts with ease of simplified operation. PETG.Four editions of PETG are available from the entry level PETG which allows for connection to external databases and the encoding of contactless PETG. Whatever your requirement, PETG has the solution. A PETG personalisation bureau service is offered, where pre-printed or PETG can be thermally printed, embossed encoded to your specific requirements. PETG can also be procuced by digital or litho print methods. Other brands of PETG can also be supplied.

molly| 8.19.09 @ 12:13AM

come and see

Tiffany Jewelry| 8.30.09 @ 10:19PM

good post,I think so!abercrombie & fitch on

Sale, Hoodies, Jeans, T-Shirts, Pants, Polos abercrombie and fitch
abercrombie fitch fitch abercrombie cheap

abercrombie fitch Abercrombie Men Tee abercrombie womens polos Abercrombie & Fitch Men,

women, and children's clothing and accessories edhardylife a famous ed hardy store which sell

directly ed hardy clothing, shoes, boots, swim suit and other cheap ed hardy Ed Hardy cheap Ed Hardy, ed hardy clothing,Providing authentic Ed Hardy Clothing with competitive price and fast,secure

delivery.The famous brand by Don Ed Hardy 's Vintage Ed Hardy.

chi hair irons| 9.15.09 @ 4:02AM

right! we humans have to pay for the results: global - warming .

Magnetic Bar| 9.27.09 @ 11:28PM

We are manufactur Magnetic Material,Magnetic Assemblies,Magnetic Separator,Magnetic Bar ,Magnetic Products,Pot Magnet and so on.

gang| 10.12.09 @ 5:37AM

How karmic that the Foley scandal unfolds now. It is a concept that resonates genuinely across the heartland in every household. The Administration's contempt for the American people,

asdfas| 11.3.09 @ 3:07AM

Thus you can easily upload the HD videos recorded by yourself to YouTube and share with others, watch the latest Blu-ray movies with your iPhone on the go, and more conveniences.M2TS Converter for Mac,M2TS Converter for Mac

Arua ROSE zuly| 11.6.09 @ 9:06PM

Arua ROSE zuly is used to upgrade experience,

asdfasdfzx| 11.11.09 @ 1:12AM

Powerful video editing functions are also available in SWF Converter Mac, such as merging, clipping, splitting, cropping, deinterlacing, and selecting zoom mode, etc. Free download it and easily create your personalized videos.
This iPod Ripper transfer tool allows you to create and manage iPod/iPhone playlist. And it also supports managing more than one iPod(but only one iPhone) at the same time, and supports transferring files between different devices by dragging.

Pretty| 11.11.09 @ 2:15AM

It was a very nice topic! Just wanna say thank you for the information you have shared. Just continue writing this kind of post. I will be your loyal reader. Thanks again.
Blu-ray Video Converter,
Blu-ray Burner

Leave a Comment

ADVERTISEMENT

That Dangerous Radical . . . Marvin Olasky?

Robert Stacy McCain

* * * *

Forget the Committees

Greg Scandlen

* * * *

Reid Disses David Broder

Philip Klein

* * * *

What to Expect in the Senate Today

Philip Klein

* * * *

Moment of Truth

W. James Antle, III

* * * *

No Sales Days in the Afghan War

George H. Wittman

* * * *

Bureaucrats With Badges

Mark Hyman

* * * *

Obama in Wonderland

Ken Blackwell

* * * *

A Writer Speaks

William Tucker

* * * *

What Has Changed?

Robert P. Kirchhoefer

* * * *

High Stakes

Manon McKinnon

* * * *
ADVERTISEMENT