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To: bert
A man on TV last week said that Cap and trade was applicable to carbon emittors who would raise prices on everyone would actually provide the money. I favor tax fairness and am thinking this might be a way to get more people to pay taxes. I now, I know no new taxes

Bullcrap. The "poor", who BTW already get energy subsidies, will qualify for a voucher to offset the C&T costs. The "poor" will be unaffected.

19 posted on 11/25/2012 6:29:41 AM PST by Go Gordon (It's barack hussein obama - because he doesn't believe in capitalism.)
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To: Go Gordon

“Bullcrap. The “poor”, who BTW already get energy subsidies, will qualify for a voucher to offset the C&T costs. The “poor” will be unaffected.”

It will go further than that.

The poor will actually get “reverse credits” — for lack of a better term, we could call them “Used Carbon Credits”.

This will work the same way as “Earned Income Credits”, where low-income folks get “cash back” from the IRS for “income” they didn’t “earn”...


52 posted on 11/25/2012 11:20:49 AM PST by Road Glide
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