All Posts Tagged With: "HR2454"

Tax and Trade Alert!

stockxpertcom-id9516682-size0-us-capital.jpgAs you probably already know, the US House of Representatives approved the Cap and Trade bill last Friday (HR2454).  I’m still reeling over that.

Although I am disappointed that so many Representatives in Congress voted for this blatent tax, I’m not surprised.  I’m never surprised when the powerful in Washington find a new way to separate me from my money, regardless of the method or intermediaries.

There are those who believe that by taxing corporations or the rich, the impact on the rest of society is nil.  But it never is.  Although not always obvious, these taxes still get paid by you and me in the prices we pay for products and services.  Corporations do not absorb millions of dollars in taxation from …

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