Did you know that Congress is considering passing a tax increase? You hadn’t heard about that, right? Well, it’s not called a tax increase but it definitely is.
This misguided legislation is called The American Clean Energy and Security Act of 2009 (“Cap and Trade”). You can read the bill here (warning: it’s a 1,484 page pdf document). There are lots of provisions in it which will increase the amount you have to spend for necessities. These may not be direct taxes, but it’s a taking by the government and that’s a tax in my book.
Stephen Spruiell and Kevin Williamson have published an article called A Garden of Piggish Delights. It looks at 50 reasons why this legislation should go in the garbage can of history. It’s rare when I’ll urge action on one side of a piece of legislation, but this is such a time. Read the article and then contact your Senators in Washington and urge them to vote no on this legislation.
Tags: CapAndTax