re: #205 iceweasel

The Congressional Budget Office says the bill’s net impact on households in 2020 would be between a benefit of $40 per year and a cost of $340 per year, and “the net annual economywide cost of the cap-and-trade program in 2020 would be $22 billion — or about $175 per household.”

According to the CBO: “That net impact would reflect both the added costs that households experienced because of higher prices and the share of the allowance value that they received in the form of benefit payments, rebates, tax decreases or credits, wages, and returns on their investments.”

So according to your chart from the CBO it is more redistribution of wealth as the lowest percentile of income will receive more in credits than it will cost them. If it was really about global warming or pollution why shouldn’t everyone share the cost equally. The more these people let their mask slip the scarier they become.

Lowest Quintile 425 -400 -65 -40
Second Quintile 555 -420 -90 40
Middle Quintile 675 -300 -140 235
Fourth Quintile 815 -245 -230 340
Highest Quintile 1,380 -250 -885 245
All Households 770 -320 -285 165