Cap & Trade & Tax: The poor can't eat carbon

When is a tax not a tax? When Democrats say so, of course.

Paying more for energy as a result of federal policies is not considered a "tax" because after all, it's not going to be called that. It will be named "Cap and Trade" - but the effect will be exactly the same.

And not only will the poor suffer more from this new tax but, since it is a very regressive idea, the rich will pay much less as a percentage of income.

The Wall Street Journal:

Hit hardest would be the "95% of working families" Mr. Obama keeps mentioning, usually omitting that his no-new-taxes pledge comes with the caveat

"unless you use energy."

Putting a price on carbon is regressive by definition because poor and middle-income households spend more of their paychecks on things like gas to drive to work, groceries or home heating. [Recommended, snip]

Being dishonest about the costs to ordinary consumers of energy is one thing. We expect that from climate fanatics who wish to push their "solutions" by not telling the truth because they know if they did, they wouldn't pass in a million years.

But the real problem is the chilling effect on the production of energy this will have - another goal of the fanatics who see no problem with reducing economic activity in the midst of a deep recession.

They are bound and determined to radically alter western industrialized civilization...

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