devoish (98.76)

The Morning Dump

December 05, 2008 – Comments (4) | RELATED TICKERS: EPG

In an effort to control greenhouse gas emissions a proposal was submitted yesterdy by the EPA to charge farms or ranches a $175 fee for each dairy cow, $87.50 for each head of beef cattle and $20 for each hog.

Clearly misunderstanding calls for a universal "flat" tax this "flatulence" tax is somehow expected to reduce the amount of cow emissions of the GHG methane. One follower of the BS markets complained that this tax on gas passed will just be passed into gas prices, hurting marketers and consumers of BS everywhere. Said one anal yst "Clearly this additional tax will cause investors to rethink the value of BS. With lower returns a flatulence tax will bring, investors may put their dollars into some other crap, potentially destroying this once proud industry. The loss of high paying jobs shoveling, delivering, mixing, and of course spinning  BS could devastate the economy. The world economy depends upon the free, unrestricted flow of BS".

Representatives from the watchdog group Fair and Responsible Taxation (FART) condemned this tax and suggested all concerned consumers of BS should call their Senator today and tell them "This Stinks".

Joining them was the animals rights group Cows Really are People (CRAP).