Jun 28 2009
Foxx Votes Against National Energy Tax
FOR IMMEDIATE RELEASE
Contact: Aaron Groen
June 26, 2009
202-225-2071
Foxx votes against national energy tax
WASHINGTON, D.C. – Congresswoman Virginia Foxx (NC-05) today voted against H.R. 2454, a bill that would essentially create a national energy tax through a “cap and trade” scheme. Some estimates found that the total tax impact of this legislation will amount to $2,979 per year for a family of four.
“As we struggle to make our way out of a recession, I could not vote for the creation of a new national energy tax,” Foxx said. “North Carolina families and businesses can’t afford the financial strain of high energy costs in this bill. We should be working to ensure taxpayers are less burdened by taxes and red tape-not more.”
Under H.R. 2454, electricity costs are estimated to rise by 90 percent. According to the Heritage Foundation, employment will be lower by 1,105,000 jobs per year as a result of this national energy tax. The bill will have an especially negative effect on energy-intensive sectors like manufacturing-which employs one out of six people in North Carolina’s 5th Congressional District. H.R. 2454 will also reduce the United States’ economic output by $9.6 trillion.
“Tens of thousands of people in North Carolina who work in manufacturing are at risk of losing their jobs due to the burdens placed on employers by this bill,” Foxx said. “Many employers will be forced out of business or out of the country because of high energy prices and the new regulations in this legislation.”
The legislation will be particularly damaging to rural areas and farming communities. Because rural households spend 58 percent more on fuel than urban residents as a percentage of their income, high energy prices cause disproportionate harm to rural families. The Heritage Foundation also estimates that farm income will drop by $50 billion by 2035 if H.R. 2454 becomes law.
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I applaud Foxx for taking a stand. That stand is what she was charged with when elected, representing her constituents, voting in their interest. Those supporting the Cap and Trade bill are hiding behind false science to gain power and tax revenues. Taxes are reallocated to buy votes, increased government power gives Washington more influence in the lives of individuals and business, creating a demand market for politcians. This is much like a Gulf of Tonkin situation, invented threat justifying action.
What Obama has proven adept at is this strawman battle. The administration creates or exaggerates a crisis, the strawman, then uses this to justify extreme action, Cap and TradeM control of industries or banks. This deceitful expansion of power must stop.
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PffT!
False science? Perhaps ’sexed up’ (remember what doing that will get you) but not falicious. And you don’t have to go back to the gulf of Tonkin. Try the Iraq invasion. Try the fake war on terrorism. Try the war on drugs.
Obama really isn’t in control regardless of what you think. Those in control are those who control how your taxes are spent, not necessarily those who may (or may not) set the ‘agenda’. That would be congress. Obama has the choice to either agree to or veto legislation (tax money use). You aim too high.
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