Tuesday, March 23, 2010

More Tax Increases Following In America?

Now that the Democratic leaders have triumphed in the issue of health care with their government spending- and taxation increasing bill, they are now moving on to the issue of carbon taxation refered to with the euphenism "cap and trade".

While passing that won't be easy, as most Congressional Democrats from states with significant coal and/or oil production will likely oppose it, it is certainly a real risk that it will be passed, as Republicans aren't united on the issue, with for example infamous RINO Lindsey Graham collaborating with the Democrats on this issue.