The underlying policy proposal being shoved down the world’s throat during the upcoming Live Earth concert series has nothing to do with the normal leftist kumbaya drivel, but a real threat to the US economy and the poor.
Gore wants to do away with the payroll tax and institute a carbon tax. This carbon tax would lead to price hikes for gasoline and heating/cooling. Unless the poor are given some kind of relief from the enormous burden this promises to bring, they will almost certainly suffer more than under the current regulations. Apparantly, Gore doesn’t want poor people to be warm in the winter:
This “carbon tax” would, of course, raise the price of gasoline and home heating/cooling. And it would put the burden of generating the same level of federal revenues on consumers while reducing the tax burden on labor and capital (workers and employers). Unless the poor get a break on this consumption tax, it will hit them harder than wealthier folks.
No wonder then that Mr. Gore waited until March to really push this extreme makeover of the US tax system aimed at achieving a rapid reduction in oil and coal use with a fee on greenhouse-gas emissions.
Fortunately, and I never thought I’d say this, the Democratic presidential candidates aren’t as crazy as Al Gore…either that or they’re too busy pushing their socialist agendas on the masses:
Most presidential candidates do endorse pinching pocketbooks, but only indirectly, such as by calling for higher fuel efficiency in vehicles and a cap on greenhouse-gas pollution from company smokestacks. Such demands on industry have the advantage of creating more certainty in reducing emissions, but they are complex to enforce. Gore would do both: tax carbon use and cap emissions.
Apparantly they remember the last time that Gore had his way with taxes:
But the last time Congress raised the gasoline tax was in 1993. In the Senate, Gore cast the deciding vote. At the next election in 1994, the GOP won big on Capitol Hill. Politicians took note.