The Demorats, and Representative John Dingell (D), want to completely crash the American economy.
Dingell, chairman of the House Energy and Commerce Committee creating new climate legislation, says:
I’m trying to have everybody understand that this is going to cost and that it’s going to have a measure of pain that you’re not going to like.”
—A 50-cent-a-gallon tax on gasoline and jet fuel, phased in over five years, on top of existing taxes.
—A tax on carbon, at $50 a ton, released from burning coal, petroleum or natural gas.
—Phaseout of the interest tax deduction on home mortgages for homes over 3,000 square feet. Owners would keep most of the deduction for homes at the lower end of the scale, but it would be eliminated entirely for homes of 4,200 feet or more.
—A tax on carbon, at $50 a ton, released from burning coal, petroleum or natural gas.
—Phaseout of the interest tax deduction on home mortgages for homes over 3,000 square feet. Owners would keep most of the deduction for homes at the lower end of the scale, but it would be eliminated entirely for homes of 4,200 feet or more.
In the interview (on C-SPAN’s ‘Newsmakers’ airing Sunday), Dingell acknowledged that voters may not be willing to bear the cost of limiting greenhouse gas emissions, and that he would propose the new tax “just to sort of see how people really feel about this.”
“I sincerely doubt that the American people are willing to pay what this is really going to cost them,” Dingell said in the interview.
So let me see: this guy is going to “float” a crippling tax just to “see” what people think about paying an additional 50-cents per gallon on top of what they’ll pay in the future?? Not to mention, the Demorats have stated they’ll allow the current tax cuts to simply expire in 2010. And they want you to pay more taxes as well, even absent this fuel tax.
You cannot tell me that Fornicalia has the Moonbat Market cornered; I think at this point one would have to include Michigan (not to mention its burgeoning Muzzie populace and its government’s and businesses’ capitulation to Islamic “conveniences” — foot basins at the airport, taxi drivers refusing fares, etc.).
If you think that I don’t believe the threshold of this is, in fact, the tanking of our economy, then you’re entirely wrong.
BZ
I live in Michigan, and you are 100% right. Makes me want to pack up and move back down home. Dingbat needs to retire. Our economy is beyond repair here, thanks to the Canadian Gov. that spends more time in front of a mirror than she does actually doing anything.
Michigan moonbats…a whole new breed of inept/corrupt politicians.
Jo: I should have written earlier: thanks for visiting and, moreover, thanks for your comments.
I simply cannot understand the knee-jerk reflex of every Demorat: TAX TAX TAX TAX TAX. SPEND SPEND SPEND SPEND SPEND. No matter when, no matter the economy, no matter the circumstances. Is there a class or de-programming session that Demorats attend in order to solely acquire those two words?
BZ
we need more taxes! especially a carbon tax the government can charge us and buy carbon credits from Al Gore, ‘ol al needs the money!!
politics is all about power, taxes is all about control. that’s it folks! our founding fathers knew this, and warned us about democracy without personal values and mores. we want to ditch morality and values yet expect government to be honest? sorry, it don’t work that way.
We’re on the same page here, BZ. I posted on dingbat Dingell yesterday too.
Yeah, Democrats – “the party of the people.” What people? Must be illegal immigrants because it certainly isn’t us!
Blo,
Great post and I have heard this before, but it is great how you lined it all out. It makes me concerned as to whether we should even think of buying a home over 3000 square feet.
Oh yeah, a great name for Dingell is … You guessed it.. Dingell-berry… hee hee…
I cannot understand what Dingell is thinking. His plan would totally destroy Michigan, the state he is supposed to represent.
Shoprat: as you are likely so well aware, the Big 3 are hanging on by the proverbial thread — Chrysler even moreso these days, committed to releasing 12,000 employees.
How will THAT stimulate the economy???
BZ
Think about it? Why should Dingle really care how it hurts the American People? At 81 he won’t be driving too much longer and will probably be in some rest home someplace.