Watts Up With That reports on a debate between Greenpeace and an actual climatologist.
The contenders are:
- Miguel Soto, Greenpeace Spain forests campaigner
- Joe Bastardi is one of the lead forecasters for AccuWeather
Tag Archives: Tax
New Scientist reports that global cooling is proof of global warming
Here is the article from the New Scientist. (H/T Ace of Spades via ECM)
Excerpt:
Forecasts of climate change are about to go seriously out of kilter. One of the world’s top climate modellers said Thursday we could be about to enter “one or even two decades during which temperatures cool.
“People will say this is global warming disappearing,” he told more than 1500 of the world’s top climate scientists gathering in Geneva at the UN’s World Climate Conference.
“I am not one of the sceptics,” insisted Mojib Latif of the Leibniz Institute of Marine Sciences at Kiel University, Germany. “However, we have to ask the nasty questions ourselves or other people will do it.”
Rats! Now the lefties will have to find a new fake crisis to justify enslaving humanity.
Can we tax the rich enough to pay for all of Obama’s spending?
The libertarian Cato Institute says no way. (H/T ECM)
Excerpt:
Funding the new health-care plan on the backs of households making $200,000 or more per year would require permanently increasing their annual total tax payments by about 50 percent. So, for example, a household that currently pays $50,000 in federal income taxes would need to pay another $25,000. Remember, however, that Social Security and Medicare already face enormous shortfalls. Shoring up these programs — another Obama campaign promise — would require collecting 328 percent more tax revenue from the rich. No, we didn’t forget a decimal point: That is three hundred and twenty-eight percent.
And what follows from taxing the rich?
[…]A major tax increase causes the tax capacity of the rich to shrink gradually as two factors kick in. First, many of the households falling into Obama’s “rich” definition are married couples in which both partners are working professionals. When tax rates rise, the lower-earning spouses in these couples tend to work less. Often, they quit work entirely. Second, many of the “rich” are budding entrepreneurs and small-business owners. They finance their operations using their own after-tax income, or with after-tax resources from family and friends. Small-business innovation is the fuel for long-term economic growth. In fact, many of the largest companies in the United States today were either small or nonexistent just 25 years ago. Killing small business kills the American economy.
Why do ivory tower socialists like Obama seem incapable of thinking through the consequences of his utopian policies for all parties concerned? You can’t assume that people are just going to sit there and let you rifle through your pockets to redistribute their money to everyone who voted for you.
(By the way, if you are thinking that “preventative care” will cut medical costs, think again. The CBO says no way.)
WINTERY KNIGHT 