National Energy Tax Impacts Everyone

More taxes on the middle class are now in writing.

That’s right, the Democrats are excited about Pres. Barack Obama’s $3.6 trillion budget. Included in the huge budget is the National Energy Tax, which so far has garnered little attention.

The National Energy Tax, which Mr. Obama has said is “non-negotiable” will add $1600 in taxes/year to the average American household. This is what is being termed “cap and trade,” and it is a new energy tax, something the Wall Street Journal termed a “tax on the working class.”

The term “cap and trade” is a misnomer — it is really more of a cap. The government will be able to limit emissions, or ‘polluters,’ by making power producers and the like buy permits for emissions. The ‘polluters’ such as your local electric company, will pass on the increased cost to you, the taxpayer. Yes, this is also known as a tax increase!

So, if you have to cook on the stove, have a refrigerator, heat and cool your house, use a computer or TV, or drive to work, you’re going to be paying extra for doing those things with the National Energy Tax. This energy tax, or cap and trade as it is sometimes known, will limit fossil fuels, thereby making the cost of gasoline and electricity more expensive. Instead of helping the “95% of working families” that Mr. Obama keeps talking about, he will be impacting that group in a hugely negative way with the Energy Tax.

It is an outrage that our Congress and Pres. Obama are creating a huge tax burden for Americans, and disguising it in the form of being “green.”

Are you in favor of the National Energy Tax? Do you want the $3.6 trillion budget to pass? If not, there’s a need to let your congressmen know. They won’t know how you feel — unless you call and tell them.

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