Cap-and-trade legislation, as promised by President Obama during last fall’s campaign, would allow the government to stack additional regulations and taxes upon businesses like power plants, factories and more. In addition, the government then auctions off, or trades permits to companies who will exceed the limits. Currently, House Democrats on the Energy and Commerce Committee are drafting legislation - opposed by Republicans and Democrats alike - with the input of left leaning environmental groups like the Sierra Club, Environmental Defense Fund and Greenpeace.
“It is becoming clear that President Obama and House Democrats plan to implement another enormous tax on America’s taxpayers is losing support from both sides of the aisle,” said Chairman Pullen. “The truth is, the so-called ‘cap and trade plan’ is nothing more than a national energy tax on power producers which will be passed down to overburdened consumers to pay. Most alarming is that the hardest hit by this regressive tax will be the working poor who can least afford it.”
“People are weary of being taxed from the time they leave the house until the time they get home,” said the Chairman. “Democrats now want to tax us when we open the garage door, turn on the lights or start dinner. Honestly I’m surprised that they haven’t come up with a proposal to tax our taxes, no doubt, in the minds of Democrats this is an idea whose time has come. We need our Arizonan congressional Democrats to get in the game and do what’s right for their constituents.”
Source:
Matthew Roberts
Communications Director
Arizona Republican Party, AZ GOP
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