16
Sep
Yesterday, CBS’s Declan McCullagh reported on documents obtained from the Treasury Department under a FOIA request by the Competitive Enterprise Institute. The documents provide an internal overview and analysis of the cap-and-trade scheme. The first memo contains this disclosure. “In his February 24, 2009 Joint Session address, President Obama called for a greenhouse gas cap-and-trade [...]
Tags: business concerns, Cap-and-Trade, taxes
28
Jun
“I think if you get into the way it was written, it’s a huge tax and there’s no sense calling it anything else. I mean, it is a tax.” So says Warren Buffett, Chairman of Berkshire Hathaway and perhaps even more importantly, one of the President’s biggest supporters in the economic realm. No truer words [...]
Tags: business concerns, Cap-and-Trade, capitalism, taxes
24
May
Climate change solver or economy killer – these are the two sides to the debate on a cap-and-trade system. While it might be easy for many to get on board with reducing emissions, swallowing the costs of doing so is a different story. While the latest version of the bill eliminates permit auctions and has [...]
Tags: Cap-and-Trade, global warming, taxes
