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Sanity -> RE: cap and trade being voted TODAY! NO! (6/27/2009 7:54:35 AM)
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3M will pay far more for the privilege of using the government's energy, just like everyone else will. The poor and the elderly will pay more, hospitals and nursing homes will pay more... everyone will pay more. It's simple economics. This bill is designed to raise energy costs for everyone, with government raking in all the raped capital.
The United States already has some of the highest corporate tax rates in the world. Now, Obama and Democrats in Congress are set to add these additional taxes and regulations on top of that - so why wouldn't businesses move their remaining manufacturing plants and other facilities offshore?
If companies stay here they might be viewed as patriotic, but they will go broke because their competition will be located in countries that are actually business friendly (unlike the U.S. is, under Obama). Soon, few here will be able to afford anything such companies produce anyway, as the few remaining jobs will be in the service sector.
The worst part of this entire deal is that Congress is ramming through another huge bill without even reading it, which they have to ram it through because fewer and fewer people are believing in Al Gore's "Global Warming" fairy tale every day, and so if they don't use this Armageddon-like scare tactic to get these taxes raised now they'll likely never get them raised.
And make no mistake - this is a tax, and especially a tax on the poorest Americans who can least afford it. All these higher costs will be passed down to the consumer!
And think about this - once the rest of our manufacturing jobs ship out, they'll be gone forever. Even when the country turns more business friendly (Conservative) after new elections, getting companies to move jobs back into the United States will be a tough sell, a long and agonizingly slow process.
The damages that are being done through the use of these "Global Warming" fear tactics are going to be permanent.
quote:
ORIGINAL: DesFIP
3M has been selling off their carbon credits for years. They reconfigured their plants to be less wasteful and instead of paying the taxes, they make money off of companies that won't fix problems.
Paper mills in Maine have attempted to sue environmentalists that want them to stop polluting and been slapped down sharply because they don't want to improve their style of operating even when given a clear step by step way to save money and do better by their communities.
Companies never choose to change until forced to.
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