Obama Admin Concedes: Cap and Trade Will Raise Your Taxes by 15%
12:17 PM, Sep 16, 2009 • By MICHAEL GOLDFARB
BOOM. And the sweetest part may be that this information comes courtesy of a FOIA request by the Competitive Enterprise Institute -- an organization that is absolutely loathed by the eco-left. Just like with health care reform, the left has been promising that cap and trade will cost the American people next to nothing -- that it was actually going to create jobs and help the economy.
Even that fairytale was an impossible sell for members of Congress. Now they have to go tell hurting Americans to fork over an extra $1,761 a year? Not happening. Cap and trade just died.