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orangefizz > Intel > Cap & Trade

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Cap & Trade

By Aus Hoo

Currently the President is talking about and proposing a Cap & Trade. I just wanted to quickly put that into perspective. If his plan were to pass that means the U.S. would need to come up with $600 Billion. If we were to break that down by population, a state like Utah would need to contribute $3 billion. Larger states would have to contribute a ton more and smaller ones not as much. Any way, back to our example. If Utah has to contribute $3 billion, this would mean each man, women and child would have to come up with $1,100 each year. WHAT? I don't have an extra $1,100 and I don't think a lot of Americans have $1,100. I wonder if its time for people to start looking up there representatives and telling them to NOT support the Presidents Cap and Trade idea.

Contributed by orangefizz on March 28, 2009, at 4:41 PM UTC.

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