Now I have a few stupid questions for the Congress contemplating Cap and Trade taxation:
- How many sewage treatment plants are there in the U.S.?
- How much methane is produced by them?
- How many Port-A-Potties are in use at any given time?
- How much methane is vented into the atmosphere per day by them?
- How many inhabitants of the U.S. fart?
- How much methane do they release per day?
- How many landfills are there in the U.S.?
- How much methane is released from them per day?
- How much methane does my dog produce when it farts?
- Is all this additional methane greater than the amount produced by cows?
- If it this amount of methane is greater, how come only cow farts will be taxed and not dog farts? People Farts?
I spoke to a dairy farmer who has told me that due to this possible tax combined with the falling price of milk and the poor economic climate 5 out of 6 dairy farms have shut down their operations around her. She is also considering getting out of dairy farming herself. What does this mean to you? Think of it this way; in business production cost are to be passed off to the end user, in this case you. Shortages in supply creates a vacume in supply which means suppliers can charge a higher price for their goods. By now you have probably figured out that the cost of milk products will skyrocket. Baskin Robbin's close as the price of ice cream becomes equivalent to caviar and yogurt and cheese become luxury items for the upper crust to enjoy at a whim. Even the family favorite, pizza, becomes a status symbol.
So what about the cost of beef in general? Will it also become a luxury item? Yes, but only because of VAT taxes. Value Added Taxes are actually tariffs laid on imports to even the playing field between local producers and imported goods. Milk cannot be shipped overseas because we do not allow importing of raw milk. Too hard to ensure the safe handling. Beef, on the other hand can be raised in Third World countries where the Cow Farts are not taxed or the "trade" off under the Cap and Trade plan negates the taxes. The beef can be flash frozen and shipped into the U.S. while domestic farmers have to contend with their gas bag taxable herds. The price of domestic beef shoots through the roof and in order to keep that almost level playing field the VAT tax is applied by the U.S. government. Smaller cattle operations fold and the domestic price rises and so does Uncle Sam's cut via VAT.
So who is the real loser here? Third World cattle producers sell more beef so they get richer. Uncle Sam gets richer through more VAT collected. Those are the only two winners I can see; government and foreign nations. The consumers, ranchers, and even Little Johnny with no ice cream for the Birthday Cake are the losers. Hate to say it but we will ALL be Losers.
Go ahead, make the "L" with your fingers and put it on your forehead.