Here it comes--

DOGS THAT BARK

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on top of wanting to roll back tax cuts which would be biggest tax increase in history--and in addition to raise taxes to support universal healthcare--and tax increase to shore up ssn/medicare/medicade--we now have another minor increase proposed--and it will get even you non-tax payors :)

Plan Uses Taxes to Fight Climate Change

By H. JOSEF HEBERT
The Associated Press
Wednesday, September 26, 2007; 7:34 PM



WASHINGTON -- Dealing with global warming will be painful, says one of the most powerful Democrats in Congress. To back up his claim he is proposing a recipe many people won't like _ a 50-cent gasoline tax, a carbon tax and scaling back tax breaks for some home owners.

"I'm trying to have everybody understand that this is going to cost and that it's going to have a measure of pain that you're not going to like," Rep. John Dingell, who is marking his 52nd year in Congress, said Wednesday in an interview with The Associated Press.

Dingell will offer a "discussion draft" outlining his tax proposals on Thursday, the same day that President Bush holds a two-day conference to discuss voluntary efforts to combat climate change.

But Dingell, chairman of the House Energy and Commerce Committee that will craft climate legislation, is making it clear that he believes tackling global warming will require a lot more if it is to be taken seriously.

"This is going to cause pain," he said, adding that he wants to make certain "the pain is shared in a way that is fair, proper, acceptable and accomplishes the basic purpose" of reducing greenhouse gases, mainly carbon dioxide from burning fossil fuels.

Dingell said he's not sure what the final climate package will include when the House takes it up for a vote. The taxes measures he's proposing, in fact, will be taken up by another House committee. And the Senate is considering a market-based system that would set an economy-wide ceiling on the amount of carbon dioxide that would be allowed to be released.

Dingell says he hasn't rule out such a so-called "cap-and-trade" system, either, but that at least for now he wants to float what he believes is a better idea. He will propose for discussion:

_A 50-cent-a-gallon tax on gasoline and jet fuel, phased in over five years, on top of existing taxes.

_A tax on carbon, at $50 a ton, released from burning coal, petroleum or natural gas.

_Phaseout of the interest tax deduction on home mortgages for homes over 3,000 square feet. Owners would keep most of the deduction for homes at the lower end of the scale, but it would be eliminated entirely for homes of 4,200 feet or more.

He estimates that would affect 10 percent of homeowners. He says "it's only fair" to tax those who buy large suburban houses and create urban sprawl. Historic and farm houses would be exempted.

Some of the revenue would be used to reduce payroll taxes, but most would go elsewhere including for highway construction, mass transit, paying for Social Security and health programs and to help the poor pay energy bills.

In the interview Wednesday, Dingell acknowledged he's tackling some of the most sacred of political cows. He's not sure if they will end up in the climate legislation, but he wants to open them for discussion.

"All my friends tell me you can't do this, it's going to be political poison," said Dingell, 81, who has served longer in the House than any of his colleagues and heads one of the chamber's most powerful committees.

Widely known for protecting the automakers who are so prominent in his state, the Michigan Democrat first raised the tax ideas this summer. Some people immediately suggested he was offering proposals he knows won't pass to sidestep other issues such as automobile fuel economy increases.

Dingell rejects such criticism and said he wants to trigger "an intelligent discussion of the whole question."

Many economists have long maintained that a carbon tax is a more-efficient, less-bureaucratic way to reduce the emissions of carbon dioxide than a cap-and-trade system, which could be difficult to administer.

A carbon tax would impact everything from the cost of electricity to winter heating and add to the cost of gasoline and other motor fuels. But economists say a cap on carbon also would raise these costs as burning fossil fuels becomes more expensive.

Such tax proposals have gained little traction.

Rep. Pete Starke, D-Calif., has been trying unsuccessfully to get a carbon tax for 16 years. In the early 1990s the House passed a modest "BTU" tax on the heat content of fuels, only to have it die in the Senate. Dingell acknowledged that there are still people who blame the Democrats' loss of Congress in 1994 on the ill-fated tax.

The federal 18.4-cent gasoline tax also has been a subject of discussion, but not about increasing it. As gasoline prices soared above $3 a gallon last year a chorus of lawmakers called for suspending the tax.
 

djv

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Did I missed any names here that will be on a committee to solve this issue.
 

Chadman

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the same day that President Bush holds a two-day conference to discuss voluntary efforts to combat climate change.

Voluntary efforts? Combat climate change? Bush? I can't believe what I just read...

I'm guessing in this case that voluntary efforts are important because he would do everything in his power to prevent anything involuntary that would put responsibility on the businesses that put him in power - which he has since rewarded time and time again. I'll be looking for all of the "great plans" for battling climate change to come out of any group discussion put on by Dubbya.

:rolleyes:
 

DOGS THAT BARK

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I've been waiting on all those who were complaining about high gas prices a few months back to respond:shrug:

Handwiritings on the wall--you get a pres who won't veto it--and you got permanat EXTREME high gas. Is $10 more everytime you fill up going to bring anyone to their senses:shrug:
 

djv

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DTB I said long time ago. 25/50/75 cents does not make us hurt enough to help us as a country get out of this oil thing we love. Make that tax a buck lets get something done for our future. Do you really thing we will have all the oil we want in 25 years. Wont mater if we don't fix our roads and bridges. And If we cant trust the air with out some mask.
 

DOGS THAT BARK

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DTB I said long time ago. 25/50/75 cents does not make us hurt enough to help us as a country get out of this oil thing we love. Make that tax a buck lets get something done for our future. Do you really thing we will have all the oil we want in 25 years. Wont mater if we don't fix our roads and bridges. And If we cant trust the air with out some mask.

I hate to be bearer of bad tidings DJV--but here is what you actually said--

Thread started by you--

http://www.madjacksports.com/forum/showthread.php?t=200727&highlight=high+prices

Believe it was a rant on oil going up (short time) about 25 cents a gallon--but you have no prob with permanentt 50 cents added as long as its your party tacking it on?

On your alternatives to oil research--who do you think spends more--oil co or federal gov--who do you think spends more to continue to look for oil and alternate ways to extract it--the oil co or federal gov.

--and on fixing roads and bridges--our current gas taxes (earmarked for exactly that purpose) are evidently adaquate--if not why do they divert millions of these funds to build bike/walking paths--and what does your party think about correcting this--
Sept 11th the Dems voted down Sen. Coburn's amendment to redirect federal bike path spending to bridge repair??

In conclusion--you don't mind a permanant 50 cent a gal increase on gas as long as its for the gov to waste as (both sides) have done in past--but you think its an absolute abomination if oil companies- who spend much of their profits on research and exploration-have to raise it temporarily because of hurricanes-price of oil--refineries ect.

You get the liberal logic award of the week!!!!!!!!

---and the $64,000 question--Your party has been ranting about less federal spending--yet this is about the 3rd tax hike in past weeks they are proposing--can you say--DUH!
 
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Chadman

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I've been waiting on all those who were complaining about high gas prices a few months back to respond:shrug:

Handwiritings on the wall--you get a pres who won't veto it--and you got permanat EXTREME high gas. Is $10 more everytime you fill up going to bring anyone to their senses:shrug:

The complaint - at least from me - about the high gas prices is that this administration presented the oil and energy companies with everything they asked for when coming up with an "energy plan" as their first order of business after taking over. And what has happened as a result? Record high gas prices and quarter after quarter of record corporate profits for those same companies.

I think I have a legitimate complaint about that, and can hold BOTH the administration and the oil companies accountable for that. Wayne, I think you probably do ok overall, as I think your oil portfolio probably more than offsets any high gas prices over the past few years. Nothing wrong with that (other than glossing over my point) - I never said you weren't a smart guy when it comes to following money trails.

Although I don't pretend to understand the total Climate change situation, I think it's at least prudent to take a look at it from a sensible situation and plan for possible troubles in our future because of it. To dismiss it and ignore it (in some ways to protect big energy interests) does not seem smart to me, just to maintain a position.
 

djv

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DTB If that's best you found it's old stuff. Was a different subject for a different cause. And for that point I stand by it. Were talking tax now. You missed the last year about taxes. We can keep kidding ourselves only so long. This guy in office you like so much Bush. Has buried us so bad we going to pay big time making it right. Best we can hope for is flat tax or fair tax to be voted in. Might not hurt as bad as the old fashion way. But you cant keep charging against the credit card.
 
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