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“A government big enough to supply you with everything you need, is a government big enough to take everything that you have..." Gerald R. Ford, August 12, 1974.

Thursday, June 25, 2009

(H.R. 2454) “cap and trade” National Energy Tax

Contact Your Representative




This national energy tax would possibly be the largest tax increase in American history, it would cause gas and electricity prices to skyrocket, and add to our already spiraling federal deficit. We simply cannot afford this. A vote may happen by Friday, June 26th.


These are some of the things that it will end up doing if passed:



1). Reduce aggregate gross domestic product (GDP) by $9.6 trillion
2). Destroy an average of 1-3 million jobs, every year
3). Raise electricity rates 90 percent after adjusting for inflation
4). Raise inflation-adjusted gasoline prices by 74 percent
5). Raise residential natural gas prices by 55 percent
6). Raise an average family's annual energy bill by $1,500 annually
7). Increase the federal debt by 26 percent, which is $29,150 per person




1 comment:

  1. These congressmen and congresswomen are absolutely worthless as representatives of the people. They need to be held accountable in 2010 and many should show cause why they should not be removed from office now. They no longer represent "We the People", having forgotten who they work for, or SHOULD work for.

    ReplyDelete

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