NetRightNation.com posted a video prepared by the Tax Foundation, embedded below, which captures the real truth about Cap & Trade. The Cap & Trade Bill a/k/a the Waxman-Markey "American Clean Energy and Security Act of 2009" (HR 2454) is really the Democratic Cap ‘n Tax Bill and is being debated this very hour. Furthmore, according to a press release of the National Center for Public Policy Research, this unnecessary, unwise and dangerous legislation "would raise taxes on American families by nearly $3,100 a year, lead to huge job losses, and dramatically raise the energy expenditures of American households."
VIDEO: The Cap & Tax (Trade) Song
LYRICS: The Cap & Tax (Trade) Song
.
The words in red are attributed to the government, while the words in blue are the words of We The People, taxpayers who would bear the brunt of this folly . . .
.
.
We're gonna...
Cap and trade
all carbon emissions
gonna cap and trade
that will be our mission
We're gonna cap and trade
see what I mean
the government is
going green today...
We cap and trade.
You see cap and trade
charges folks for releasing carbon
like companies that use
vehicles that park and
utilities and factories
who pass the cost
to people who will pay
for cap and trade
It sounds like cap and trade
is a tax we pay then
No sir, cap and trade
is just a regulation
See tax is when there's
money spent
this is just a fee to the government
Okay?
It's cap and trade.
So with cap and trade
won't things be more expensive?
Well just...everything
but don't be so apprehensive
Just clothes and food
and heating bills
and anything that needs
to be shipped will
be raised
with cap and trade.
So how is cap and trade
not a tax there, sonny
when we all have to pay
the government our money
You don't seem to understand my friend
we're going green, doesn't that make sense?
they'll pay
for cap and trade.
Sounds like cap and trade
is some sort of weird humor
won't these fees just be
passed on to the consumer
Yes, but check this chart
you'll see for sure
the biggest burden will be
on the poor who'll pay
for cap and trade
See who cares if cost of most goods go higher?
And household income levels all go down?
and if estimated environmental impact is not really
calculable…
Oh, what a scene, I'm really keen
the government is going green
We're going green
with cap and trade!
Cap and trade
all carbon emissions
gonna cap and trade
that will be our mission
We're gonna cap and trade
see what I mean
the government is
going green today...
We cap and trade.
You see cap and trade
charges folks for releasing carbon
like companies that use
vehicles that park and
utilities and factories
who pass the cost
to people who will pay
for cap and trade
It sounds like cap and trade
is a tax we pay then
No sir, cap and trade
is just a regulation
See tax is when there's
money spent
this is just a fee to the government
Okay?
It's cap and trade.
So with cap and trade
won't things be more expensive?
Well just...everything
but don't be so apprehensive
Just clothes and food
and heating bills
and anything that needs
to be shipped will
be raised
with cap and trade.
So how is cap and trade
not a tax there, sonny
when we all have to pay
the government our money
You don't seem to understand my friend
we're going green, doesn't that make sense?
they'll pay
for cap and trade.
Sounds like cap and trade
is some sort of weird humor
won't these fees just be
passed on to the consumer
Yes, but check this chart
you'll see for sure
the biggest burden will be
on the poor who'll pay
for cap and trade
See who cares if cost of most goods go higher?
And household income levels all go down?
and if estimated environmental impact is not really
calculable…
Oh, what a scene, I'm really keen
the government is going green
We're going green
with cap and trade!
Calculate your cap and trade tax burden at http://TaxFoundation.org/
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