Cap-and-Trade is a Tax, Dingell Says

As my colleague Eric Heidenreich says, cap-and-trade is a tax.

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Yes, one can't say enough that it is a tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax tax!!!!!!!!!!!!!!!!!!!!!!!! Rep. John Dingell (D-Michigan) agrees. From the Americans for Prosperity website,

Remember what MoveOn said last week: “If Republicans convince voters that clean energy legislation amounts to a new tax, Obama’s plan is toast.” Looks like Republicans have some help from a heavy-weight Democrat, Energy and Commerce Committee Chairman Emeritus John Dingell (D-Mich.), who said today: “Nobody, nobody in this country realizes that cap-and-trade is a tax and it’s a great big one. I want to get a bill that works. How do we choose the best course, cap-and-trade, carbon tax? At times, my dear friend, Albert, you have been an advocate of a carbon tax as the better way to go. How do we address this problem?” (U.S. House of Representatives Energy And Commerce Committee, Hearing, 4/24/09)