Posted by
Old Retired Fart on Wednesday, March 04, 2009 11:23:37 AM
I was just playing around a little with President's Obama's cap and trade numbers. Has anyone looked at these? And if they have, why hasn't anyone asked the direct questions?
The President says he will raise $646 billion over 10 years. Now someone is going to have to pay that, and he swears it will not be the the bottom 95% of taxpayers. Just a little simple math. There are about 300 million folks in this county. 5% of 300 million is 6 million. (I know not everyone pays taxes, but I'm giving Obama as much leeway as I can). That adds up to $107,667 per person. Now given that the average family is 2.6ish...that comes to just about $300,000 per family just to pay for cap and trade.
Why has no one thrown that number in the President's face and asked if he seriously expects these folks to sit still for that? Of course it could just be the truth that this will get equally spread over all citizens, in which case, each family's share will only be about $6,000....Someone ask these questions please!