Complement Higher Taxes with Increased Energy Costs
Are you feeling the economic pinch? Well, when the dust settles from the current legislative session, that pinch is likely to feel more like a bone-shattering squeeze. We’ve got tax after tax after tax being proposed and pushed through, and that’s only the beginning.
There are other initiatives out there which will be equally successful at separating you from your hard earned dollars:
The greenhouse gas reduction sought by the advocacy group New Energy Economy would apply to oil and gas producers, refineries, manufacturers, coal-fired power plants and others in New Mexico that emit 10,000 tons or more a year of carbon dioxide.
Public Service Company of New Mexico estimates it would have to reduce current carbon emissions from its fleet of power plants by 36 percent to meet the proposed cap.
And the company says that would mean a big jump in electric bills.
In fact, if you follow the money trail, you’ll see that big government lobbyists are behind all of the major wine and dining going on right now in Santa Fe:
However, the latest batch of lobbyist reports that trickled into the Secretary of State’s Office last week showed that the lobbyists who were throwing the biggest parties for the senators and representatives were not from commercial interests. Instead, they represented state employees, community colleges and an environmentalist group.
As legislators continue to take on the role of the Sheriff of Nottingham, they would be wise to take note of recent elections around the country. Continuously trying to take more from those making less inevitably has consequences.