Monday, June 29, 2009

Largest tax increase in history ruse over global warming

From the Competitive Enterprise Institute:

"House Democratic leaders plan to bring to the floor this week the Waxman-Markey energy-rationing bill, H. R. 2454. If enacted, Waxman-Markey would be the biggest tax increase in the history of the world and the biggest government intervention in people’s lives since the second World War, which is the last time that Americans needed ration coupons to buy gasoline, food, and other necessities. The energy price increases required by H. R. 2454, the American Clean Energy and Security Act, are not a one-time event, but will go up steadily year after year until at least 2050."

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