Wednesday, June 30, 2010

Cap 'n Trade: Another half million jobs down the tubes

But wait,there's more:

"* Households would face a gross annual burden of $125.9 billion per year or $1,042 per household, with costs disproportionately borne by low-income households.

* On a net basis, the top income quintile will benefit financially, redistributing to these households roughly $12.3 billion per year from the bottom 80 percent of earners.

* Households over age 75 bear the largest burden at 2.3 percent of income, followed by households aged 65-74 and under age 25 at 2.1 percent. By contrast, the nation’s highest-earning households between age 45 and 54 years would bear the smallest percentage burden of just 1.5 percent."

Another Obamanation disaster, coming right your way.......

1 comment:

  1. hey bubba, Cheezits went up from 1.99 a box to 3.49 this week at the grocery. are cheezits made of crude oil? just wondering.