You know, I’ve opposed the Cap and Trade Bill ever since I heard about it. It stands to increase indirect taxes by an incredible amount. It will literally double your electric bill, and gasoline will go up around $2 a gallon.
This morning, I found out this bit that is in that bill. From Powerline:
“The cap-and-trade bill recently passed by the U.S. House of Representatives, for example,” Mark writes, “is a bold assault on property rights: in order to sell your home–whether built in 2006 or 1772–you would have to bring it into compliance with whimsical, eternally evolving national ‘energy efﬁciency’ standards, starting with a 50 per cent reduction in energy use by 2018. Fail to do so and it would be illegal for you to enter into a private contract with a willing buyer.“
Now, that, I didn’t know about. Wow.
I live in a pier-and-beam frame house built by Jim Walters about 30 years ago, which has had additions several times over the years. It’s clean, but all the windows are single pane, and the insulation is not the best. It’s true that we’re not planning on going anywhere – I expect I will die in this house. But here’s the thing.
When I do pass on, my sons will have to spend a lot of money to make this house compliant with these regulations, if they elect to sell it. I have not actually read this bill, but now I wonder if this provision extends to inheriting a home. If so, they would have to deal with it at the time they inherit.
It will probably be more cost-effective to destroy our home than to bring it up to their standards.
That is what the Democrats do for you when they are in power. These damned liberals take value created by hard work and a lot of payments, and destroy it with the stroke of a pen, all to support their social agenda. They can’t get voluntary support for this kind of thing, so they ram it down our throats, just like they are trying to do with health care.
This bill has passed the House already. If it passes the Senate, it will become law. We need to stop it.