Bob McCarty Writes

As a public service, I offer the second in a series of posts intended to help readers of this blog distinguish between rhetoric and economic reality when it comes to matters impacting the nation’s energy future:

RHETORIC: Taxes targeting the oil and natural gas industry are okay because they don’t affect consumers or other industries.

REALITY: The Administration’s tax plan puts the economic burden on hardworking Americans and their families. Higher industry taxes could result in less, not more, job security, make health care more expensive for American workers and threaten other benefits. Higher taxes steal money from the American household and are a burden felt throughout the entire economy, discouraging business expansion, investment and job creation.

To read more about “Rhetoric vs. Reality,” click here.