Friday, August 31, 2012

Walk Softly and Carry a BIG GREEN STICK ...

Recently I found a story about imposing carbon taxes on goods in proportion to the amount of Carbon Dioxide their production or use involved.
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Cornell professor Robert H. Frank lays out the new green agenda for tax policy.

According to Professor Frank, stopping global warming may require carbon taxes of about $300 per ton of carbon dioxide emitted, and by implementing such taxes, we can also balance the federal budget. “If such a tax were phased in,” Frank says, “the prices of goods would rise gradually in proportion to the amount of carbon dioxide their production or use entailed. The price of gasoline, for example, would slowly rise by somewhat less than $3 per gallon. ... We’ll also need substantial additional revenue, most of which could be generated by a carbon tax.” ...

Divided evenly among 300 million Americans, the green tax works out to a burden of $9,270 imposed on every man, woman, and child. While this would be a pittance for the most affluent Americans, it would take away 40 percent of the total income of a family of four supported by two wage earners making the average U.S. salary of $45,000 each, and it would be a virtually fatal burden for the poor.[1]

Additionally, Australia’s carbon tax is being Praised by Barack Obama as a model for the world.
This highly unpopular carbon tax, took effect July 1st, and is being policed by laws which forbid business owners from criticizing it for causing price rises – criminals who do so are under threat of being hit with huge fines of over $1 million dollars.[2]

[1] TIMES 24/7 The Washington Times
Cornell Carbon Tax 
by Robert Zubrin

[2] Alex Jones Infowars.com
The tax whose name cannot be spoken by
Paul Joseph Watson

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