Sunday, November 15, 2009

Cap and Trade: A License Required for your Home

Cap and Trade: A License Required for your Home

We encourage you to read the provisions of the Cap and Trade Bill that has passed the House of Representatives and will soon be considered by the Senate.






A License Required for your house

Beginning 1 year after enactment of the Cap and Trade Act, you won't be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the "Cap & Trade" bill passed by the House of Representatives, if also passed by the Senate, will be the largest tax increase any of us has ever experienced.

The Congressional Budget Office (supposedly non-partisan) estimates that in just a few years the average cost to every family of four will be $6,800 per year.
No one is excluded.
However, once the lower classes feel the pinch in their wallets, you can be sure these voters get a tax refund (even if they pay no taxes at all) to offset this new cost. Thus, Mr. and Mrs. Middle Class America will have to pay even more since additional tax dollars will be needed to bail out everyone else



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