He is going to get a lot of it from carbon taxes. Deliberately higher prices on energy and everything that uses energy is a form of tax. Obama’s use of language is beyond Clintonian.
“Obama’s use of language is beyond Clintonian.”
Yes — it’s Orwellian.
And, those “deliberately higher prices” will be paid by the consumer.
Businesses DON’T pay taxes...they pass along tax burdens in their pricing structures.
This $hit has got to stop. It’s time to take back the country.
Expect energy rates for rust belt states served by coal in the Illinois basin to go up by 2-300% if no 0 cost allowances are granted.
Rates will have to rise otherwise utilities will not be able to attract capital. Of course Bambi doesn’t want rates to rise because people will scream bloody murder and industry will seek states with lots of nuclear generation. Gas will continue to be on the margin and subject to supply disruption. Wealth destruction will be nearly complete there.
None of that can happen, and what’s more important than charging up your ipod and playing the wii? Gotta nationalize the utilities.