Wednesday, September 16, 2009

The Cost of Cap & Trade

AlphaNinja - If any ridiculous, self-serving, liar of a politician continues to suggest that taxes will not be raised on "middle income" Americans, they should be voted out of office.

Excellent reporting from Declan McCullagh of CBS, and the info is available thanks to an FOIA(Freedom of Information Act) request by the Competitive Enterprise Institute.

Most notably, the cap-and-trade fiasco will cost American families up to $1,761 per year, which would equate to a 15% increase in taxes.

The report:

FOIA Cap AndTrade 2009-09-11

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