All Democrats seem to know how to do is tax and regulate. It’s their solution for everything, that and adding new government departments and agencies. They want us to be happy about it and cheer them on as they grind the middle class into the ground.
President Obama has a strange way of helping middle class families. His final budget raises taxes on Americans by $3.4 trillion over ten years, the House Ways and Means Committee reported.
He predicts revenues of $43.1 trillion which I wouldn’t take to the bank but his budget calls for revenues – taxes – of $46.5 trillion.
These massive taxes will seriously overburden American middle class families.
Obama wants a $320 billion energy tax increase with a $10 tax per barrel of oil that will be passed onto drivers. Maybe he wants to help his buddies in OPEC.
The money will go into another “clean transportation” slush fund for bullet trains, self-driving cars and a smart climate fund that Obama’s cronies will benefit from. Politico has information about the energy tax. Obama is picking winners and losers again as his ideology demands.
We are lucky we have a Republican congress to stop it.
Obama said the other day that we shouldn’t get used to low gas prices.
Nothing has changed since 2011 except fracking which saved the economy.
The U.S. Supreme Court on Tuesday delivered a major blow to President Barack Obama by blocking federal regulations to curb carbon dioxide emissions from power plants. That’s the centerpiece of his administration’s strategy to combat climate change.
On a 5-4 vote, the court granted a request made by 27 states and various companies and business groups to block the administration’s Clean Power Plan. The move means the regulations will not be in effect while litigation continues.
The suit was brought by coal producer West Virginia, oil producer Texas, and several business groups.
More than a dozen other states and the National League of Cities (liberal,liberal, liberal), which represents more than 19,000 U.S. cities, filed court papers backing the Environmental Protection Agency’s rule.
The appeals court will hear oral arguments on June 2 and decide whether the regulations are lawful.