Saturday, August 11, 2018

Giant Scam in the works!---- A ‘Revenue-Neutral’ Carbon Dioxide Tax Is a Lie Targeting Conservatives | Heartland Institute

News - A ‘Revenue-Neutral’ Carbon Dioxide Tax Is a Lie Targeting Conservatives | Heartland Institute
It's targeting conservatives. (RINOs)
Already, a few score congressional Republicans have fallen for it.
"Global warming activists attempt to win over conservatives by claiming a carbon dioxide tax can be “revenue neutral.”
By rebranding a carbon dioxide tax as a “fee and dividend,” with all carbon dioxide tax revenue returned to taxpayers, global warming activists hope to win over enough conservatives and Republicans to gain majority support for a tax. 
A quick review of activist plans for the collection of carbon dioxide tax revenues reveals a carbon dioxide tax is simply another means for leftists to grow government, fund new leftist programs, and redistribute wealth.
Despite calls for a “revenue-neutral” carbon dioxide tax, there is no such thing as a “household-income-neutral” carbon dioxide tax.
The point of a carbon dioxide tax is to impose such high costs on conventional power that it becomes even more expensive than expensive wind and solar power. 
According to tax proponents, when carbon dioxide taxes are sufficiently high, power generation will come exclusively from wind and solar sources.
Then, when power generation comes from expensive wind and solar power, no carbon dioxide tax would be collected.
The added financial burden imposed on American households by a carbon dioxide tax will take the form of higher energy bills — for which there will be no government compensation — rather than revenues collected and returned by government.
Consumers will be stuck with much-higher energy bills, with no returned tax “dividend” to soften the blow.
...When global warming activists tell conservatives and Republicans that all revenues collected under a carbon dioxide tax can be returned to taxpayers via a reduction in other taxes or a dividend distribution, their actions tell a completely different story.
Their goal is to first get conservatives and Republicans to sign on to the idea of a carbon dioxide tax, and then to force conservatives to negotiate away the economic principles that would govern tax revenue collection and distribution.
Take, for example, a proposed carbon dioxide tax that was presented to Washington State voters on the 2016 ballot..."
Read on!

No comments: