Senator Harry Reid is about to
sneak an energy tax into the Gulf Oil Spill bill. Disguised as an attempt to introduce new safety measures for offshore drilling, Reid is actually using this disaster and playing off the hardship of the American people on the Gulf Coast as a way to play politics and increase your taxes.
The idea behind Reid's approach is that Senators will not want to vote against new oil drilling safety measures in the wake of the Gulf spill no matter if the bill also contains new energy taxes. He's using this tragedy to punish you for driving to work, adjusting your thermostat, and powering your home.
Reid's global warming plan will likely limit how many tons of carbon dioxide electric utilities can emit, which makes it a
massive new tax on energy that will kill jobs and send electricity prices skyrocketing.
To give you an idea of exactly how destructive Reid's plan could be, a
recent study found that cap and trade could kill 5 million jobs over the next few decades and cost each taxpayer thousands of dollars in higher energy costs.
more »