Seitz concluded with this withering blast: The U.N. Is not the only entity that would like to impose monstrous burdens on the shoulder of the American people. The administration's onerous Cap and Trade proposal would send income taxes skyrocketing. According to Dan Simmons, the director of state affairs at the Institute for Energy Research, cap-and-trade would create the largest backdoor tax in U S. History. "In the budget it said $646 billion. They then are telling people on Capitol Hill that it is going to be $1.3 [trillion] to $1.9 trillion," he says. That will make it the largest tax increase of all time of all American history and probably all world history." He says the problem with cap-and-trade is that it makes all people poorer today in order to tackle an alleged problem tomorrow. According to the Heritage Foundation's Ben Lieberman cap-and-trade would usher us into in a permanent recession. "We might never really have a full recovery if we have to live with these tremendous constraints on affordable energy use," he said, "so we would be talking about exactly the kind of thing that we are worried about now -- job losses, high energy costs -- these things being exacerbated and staying that way for years and years." He believes that the EPA may be using the finding to force Congress into passing legislation instead of leaving the regulation to the EPA. Finally in its study U.N.’s Global Climate Change Plan Would Cause Economic Earthquake the Heritage Foundation showed what the U.N.s plan would do to wreck our economy. Who was the idiot who once called the United Nations the world's "last best hope." Some hope! |