Quote:
Originally Posted by Cimarron29414
As an aside, the only reason it is 9 month old information is because it required a freedom of information act to get. It is based on the Bill which was written back then and passed the House 3 or 4 months back - so you are really being quite nitpicky, but that's just what you do.
I don't know what the Heritage Foundation is. I will look it up.
Finally, your number...I mean the CBO's number...times 300M people = $52.5B in federal tax receipts. Of course, you are assuming our government will actually COLLECT $175 from every person which is absurd, but even if they do: Somehow, you think that the other $147.5B is going to be made up in export tariffs and increase in prices to foreign consumers?? I'm the one that's not based in reality? Hmm.
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It is not nitpicking. It is pointing out the dishonesty of choosing the high range of a possible number mentioned in a memo without any backing from 9 months ago over the actual report from the CBO that addresses this issue.
And it seems like you have absolutely no idea how the cap and trade works. The government will not be collecting anything directly from the tax payer. It will sell carbon permits to companies. How much of that the company will pass on to the consumer is up to the companies. And since this companies trade on the global market, at least part of them live outside the US. So it has nothing to do with tariffs.