Saturday, July 24, 2010

Cap and trade and tax shenanigans continue

Earlier this week The Hill reported that Senate Majority Leader Harry Reid (D-NV) has not given up on pushing unpopular cap and trade legislation; he's just waiting for fall to put a chill in Americans' pocketbooks.

The more voters learn about the national energy tax, the more they dislike it, despite such innocuous labels for it used by the Democrats such as "climate change legislation."

Meanwhile, the Institute for Liberty, via Jumping in Pools, reports on the New York Times and its July 4 dud of misleading information in a clear effort to push for tax increases on oil companies, which the Times refers to as the elimination of tax breaks. By the way, America's corporate tax rate is among the world's highest.

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