04 November, 2012

‘Eco-Taxes’ Planned for a Second Obama Term? | RedState

‘Eco-Taxes’ Planned for a Second Obama Term? | RedState: The issue of Climate Change has been a no-show in the 2012 election cycle; one would think that ManBearPig had been named an endangered species. But a two-year study commisioned by Barack Obama’s Treasury Department will recommend ways to “green” the tax code by using it to craft disincentives for creating carbon dioxide and other greenhouse gases.

If you wanted to design a sure-fire recovery-killer, you couldn’t do much better than a carbon tax. Obama has targeted the oil, natural gas and coal industries throughout his first term. There’s no doubt that a study legitimizing tax warfare on domestic energy extraction would enable an all-out attempt to cram “green” reforms through Congress starting early in 2013.