Cap and Trade

I might have been wrong about how carbon offset taxes would come about (July 2007), but it looks like it is going to happen much sooner than I expected. The government is already talking about giving the poorest families $400 a year to help pay the taxes levied against them for their energy use. Those of us in the middle class will be looking for creative ways to make more money and use less energy so we can pay our cap and trade taxes and pay the taxes for TARP, the economic stimulus package, and the new budget. The rich will continue to use much more energy than the average American citizens because they will be able to afford it. Congress will probably exempt themselves from the tax. We'll see. In the meantime, eyes wide open!