Posted by
rycK on Tuesday, September 19, 2006 3:46:34 PM
Today, the Eternal Whine of the Tax Maggots is heard in new garb: tax the rich!
http://today.reuters.com/news/articlenews.aspx?type=politicsNews&storyid=2006-09-18T212718Z_01_N18271786_RTRUKOC_0_US-ENVIRONMENT-GORE.xml&src=rss&rpc=22
NEW YORK (Reuters) - Former U.S. Vice President Al Gore on Monday suggested taxing carbon dioxide emissions instead of employees' pay in a bid to stem global warming.
What else is new?
"Penalizing pollution instead of penalizing employment will work to reduce that pollution," Gore said in a speech at New York University School of Law.
The pollution tax would replace all payroll taxes, including those for Social Security and unemployment compensation, Gore said. He said the overall level of taxation, would remain the same.
Socialism beckons from the back of the old White Whale. “Come join us as we sink.”
Under the Kyoto global warming treaty, 35 industrialized nations -- but not the United States -- have agreed to cut carbon dioxide emissions to below 1990 levels.
But, what would algore do with the money from taxes? This is a zero-sum game? Sure!
PRC and India were exempt. Most nations ignored the quotas. Many, like Germany, had to do nothing. The other nations failed to actually cut or meet their goals. So, the US, alone, would be penalized. Business would rush to PRC and India to escape penalties. Such is the mission of the liberal lackey: make the US pay and give the ‘poor’ a free ride.
This is so silly it is a great reason to vote for algore in the primary elections in 08. He can run again!!