Monday, January 5, 2009

The Coming Farting Cows Tax versus a Tax Credit for Dead Cockroaches

Many years ago a scientist (I had my suspicions he might have been a mad scientist), who has since passed away, hired me to help him identify stocks that would decline in price in the event of a global cooling. I have forgotten a lot of the details of why he expected a global cooling instead of a warming, but I do remember him telling me that cows and cockroaches emitted significant quantities of greenhouse gas emissions through, well, farting.

This all comes to mind because Drudge is linking to a story about the EPA considering a tax on the owners of farting cows (and they all fart):

In a release last month, the New York Farm Bureau worked out the price tag to farmers of the farting cows tax, based on news put out on the proposed greenhouse gas tax of cattle by the EPA

“The tax for dairy cows could be $175 per cow, and $87.50 per head of beef cattle. The tax on hogs would upwards of $20 per hog,” the release said. “Any operation with more than 25 dairy cows, 50 beef cattle or 200 hogs would have to obtain permits.”
Since I am more of a tax cut guy, than an advocate of increasing government revenues, I say ditch the tax on farting cows and replace it with a tax credit for mailing in dead cockroaches to the IRS. You know, a per dead cockroach tax credit. Hey, we have to fight GGE.

4 comments:

  1. Well all ican say to the government is "I FART IN YOUR GENERAL DIRECTION!"

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  2. When this was first reported, they called it “belching”...
    Methane gas ONLY comes from ONE end... not the belching end. LOL! Thank you for calling it what it is!

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  3. I can hear NYC real estate agents now. "This apartment also comes with a regular flow of cockroaches, which you can kill to reduce your tax bill."

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  4. At the same time the government has a farting cow tax they turn around and they subsidize the raising of cows and then they turn around and give away free government cheese. It makes perfect sense.

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