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Antichrist Superstar

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subsailor689/16/2009 11:11:30 am PDT

Oh joy!

Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

From the article:

Because personal income tax revenues bring in around $1.37 trillion a year, a $200 billion additional tax would be the equivalent of a 15 percent increase a year. A $100 billion additional tax would represent a 7 or 8 percent increase a year.

And this:

One odd point: The document written by Jaffee includes this line: “It will raise energy prices and impose annual costs on the order of XXX.” The Treasury Department redacted the rest of the sentence with a thick black line.

I’m guessin’ here, but does anyone think the Treasury Dept. would redact good news?