14 Jul Piggy Back Tax!
Piggy back rides are a whole lot of fun when you give one to your little brother. They are not however so much fun when the come from Big Brother. When the federal government decides to give a piggy back ride it usually does not result in a good time, especially not for tax payers. The newest piggy back tax in the arsenal is a plan to pass the Cap and Trade 2010 “clean energy initiative” bill. This would tax carbon emissions on companies and in turn is expected to raise fuel costs for consumers. This is a highly controversial bill which will not pass on its own. So politicians (being the sneaky liars that they are) decide to give us the old one two and piggy back their tax onto a bill that will pass. The Cap and Trade bill is now tacked onto the back of an “Oil Spill Response Bill”. This would garner the support of those Americans legitimately concerned about the Gulf of Mexico and in turn pass their Cap and Trade tax.
So just remember: a piggy back from Big Brother is never good news.