Oregon, Washington want to hike taxes to combat global warming

FOX News ^ | February 1, 2018 | By Dan Springer

[Oldeconomybuyer]

SEATTLE – When President Trump was candidate Trump, he called climate change a hoax. Since taking the Oval Office, he’s said very little about greenhouse gasses and their impact on the planet. But he did issue a statement that he plans to pull the U.S. out of the Paris Climate Agreement, which aims to reduce emissions as a way to stop global warming.

But West Coast states are driving in the opposite direction, with designs of erecting a green wall built on taxing carbon.

“This is both an economic benefit for the state of Washington and a job creator,” said Washington Gov. Jay Inslee, a Democrat. “Jobs in the clean energy sector are growing twice as fast as the rest of the economy.”

In Inslee’s State of the State address, he announced his plan to put a tax of $20 per ton of carbon emitted. The tax would go up 3.5 percent every year. The result will be taxing residents every time they fill up their tanks at the gas pump, every time they turn the heat on at their home and even when they plug in their electric vehicles.

Businesses, like Boeing that compete internationally, would be exempt from the tax. The hit to residents and small businesses is expected to be $3.3 billion over the first four years. The money would go to so-called green jobs.

Critics see it as a money grab that won’t have any impact on climate change.

[Ban Draoi Marbh Draoi]

Ah well, these morons will learn the first maxim of capitalism the hard way: money goes where it is well treated and leaves where it is not.

There is a corollary: bad money drives away good money.

[dforest]

So the little guy gets stung with bogus taxes and companies like Boeing get a pass or else they will move.

Hah, how so very fair is that?

Democrats just plain are crooks and they suck.