Posts Tagged ‘Taxes’
Buyer’s Remorse?
Thursday, May 28th, 2009
Yesterday I was privileged to be invited to a briefing by Bradley S. O’Leary, Founder and President of PM Consulting, and one of the sponsors of a recent John Zogby/PM poll on the first One Hundred Days of the Obama Administration. One of the interesting pieces of information that was discovered is that already, twenty percent of those who voted to elect Barack Obama President last November now say that they would not have voted for him if they had known that he was going to raise their taxes.
Uh-hum. Excuse me? Were these people actually alive and well during the election campaign leading up to Election Day 2008? Barack Obama consistently supported the scandalous “cap and trade” scheme that the Democrats, in cahoots with the wild-eyed environmentalists, are pushing through Congress. The Massachusetts Institute of Technology, (not exactly a hot-bed of the radical right) has done independent research establishing that this scam will cost the average America family $3,100 per year in additional heating and utilities costs. This is a tax on every household in America. And it will hurt those most who can afford it least, the elderly, low income and and those on fixed incomes.
It is too late to do anything about their vote for Obama. He is, for better or for worse, the President of the United States for the next four years. But these same people who now realize that capping production of energy simply to drive up costs– for no apparent benefit– better wake up before it is too late and stop this catastrophic policy from becoming law or else they are really going to be suffering from buyer’s remorse.
Tags: Cap and Trade, Obama, Taxes
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