Letter to the Editor: Bait and switch
Dear Editor:
Congresswoman Roybal-Allard is co-sponsoring the Energy Innovation and Carbon Dividend Act (HR 763). The bill puts a tax on coal, oil and gas. How is this bill going to reduce greenhouse gas emissions?
It will bankrupt the companies and there will be a loss of millions of jobs. Is that the real plan? The companies and employees pay taxes. How will the government make up the loss of taxes? Of course your taxes will go up.
The bill states that the taxes levied on the companies will be distributed to the people as a dividend. Do you honestly think you will get a dividend check from the government? The bill states that every adult with a SSN will receive one share and under the age of nineteen will receive a half share. I thought that you were an adult at 18. I can see fraud already.
You will also be taxed as receiving an income. Nothing is free. If the money is banked, the government will borrow from it. A tax was levied on property owners to save the rain water from flowing from the riverbed and into the ocean. Has anyone heard on the progress of this boondoggle? SB 1 (gas tax) was passed to improve our highways and bridges. The taxes were to be used only for this purpose!
Our governor now wants to divert billions of tax dollars for his pet climate change projects! When will the bait and switch stop?
Bob Rodriguez
Downey