The Wall Street Journal is hitting the nail on the head about the Cap and Trade scheme.

This covert scheme by congress and the white house is squarely aimed at...

...think of Robin Hood in reverse... instead of taking from the rich and giving to the poor this is taking from the poor and giving to the affluent...

Is this what we've been promised?

Wall Street Journal article

WHO PAYS FOR CAP AND TRADE?
Hint: They were promised a tax cut during the Obama campaign.

Cap and trade is the tax that dare not speak its name, and Democrats are hoping in particular that no one notices who would pay for their climate ambitions. With President Obama depending on vast new carbon revenues in his budget and Congress promising a bill by May, perhaps Americans would like to know the deeply unequal ways that climate costs would be distributed across regions and income groups.

Politicians love cap and trade because they can claim to be taxing "polluters," not workers. Hardly.....Hit hardest would be the "95% of working families" Mr. Obama keeps mentioning, usually omitting that his no-new-taxes pledge comes with the caveat "unless you use energy." Putting a price on carbon is regressive by definition because poor and middle-income households spend more of their paychecks on things like gas to drive to work, groceries or home heating....

Cap and trade, in other words, is a scheme to redistribute income and wealth -- but in a very curious way. It takes from the working class and gives to the affluent...