Energy Tax (click for full budget)

Still the "No" Party? Still not true!

While Democrats plan a new annual energy tax of over $3,100 on every family in their “cap and trade” environmentalist whacko scheme, Republicans are offering a marginal tax rate of 10 percent on incomes up to $100,000 and a rate of 25 percent thereafter with a generous standard deduction and personal exemption. It would allow for everyone “satisfied with their current tax structure to continue to pay those rates, while dropping the two lowest rates by 5 percent to provide every taxpayer with a tax cut. Republicans would also permanently fix the Alternative Minimum Tax (AMT) so that millions would no longer have to fear the possible imposition of a huge, new tax each year.”

The Republican budget will offer their “all of the above” solutions for energy independence that would not only facilitate clean energy alternatives but would streamline the process for environmentally safe Outer Continental Shelf drilling and Arctic Coastal Plain energy exploration. It would streamline the process for leasing process while mandating “ first lease by the Interior Department within a few years.” Republicans would “expedite judicial review of energy development by making the court of appeals of the District of Columbia the sole venue for review and limiting complaints finite period -- reducing frivolous energy litigation.” There is much more in the “Republican Road to Recovery” blueprint which is available online.

By: Connie Hair/HumanEvents.com/3-27-09

As much as Obama realizes that coal is a primary resource he admits that his plan will bankrupt the coal industry. This is too scary... listen to these videos:
http://www.youtube.com/watch?v=Hdi4onAQBWQ
http://www.youtube.com/watch?v=SMwBbl6RoIs