Energy Tax

by Ken on June 9, 2009

I will fully admit that I have equivocated on this issue over the years. As a fiscal conservative I am generally against new taxes. Then of recent I began rethinking and considering that maybe an Energy Tax would be a wise measure. That thought was couched in the argument that taxes levied upon fuel would raise the cost of fuel which would lower its use, and then that money could be spent towards energy expansion endeavors and help make the world a better place.

And then it hit me. AM I LOOSING MY COTTEN PICKIN’ MIND? My gosh, they almost had me. I am embarrassed to admit it. Must be the hostage syndrome or something.

I am against this tax. Here is why:

This new energy tax would:

  1. Raise inflation-adjusted gasoline prices by 74 percent
  2. Raise electricity rates 90 percent after adjusting for inflation
  3. Raise the cost of living of a typical household by $1,600 a year
  4. Raise residential natural gas prices by 55 percent
  5. Destroy 1-3 million jobs per year, every year until 2035

This is not an energy or an environmental solution. It is a tax. We are not under-taxed in this nation.

As a reader you may or may not agree with me. And I respect your honest (and polite) comments. But if you agree with me let me suggest that you click upon the following link and sign this petition.

Make your fair call on this, then act if you choose.

Here is that link…..

Click here for the petition

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