I mailed this yesterday…
May 1, 2009
US Senator Jeanne Shaheen
520 Hart Senate Office Building
Washington, DC 20510
Senator Jeanne Shaheen:
In a March 12th article published on my website www.GraniteGrok.com, there were many points I am sure you have missed by former State Representative Mike Biundo (R-Manchester) on domestic energy strategy. In taking this opportunity I hope you consider New Hampshire common sense in applying your support and vote while our member to the United State Senate.
Biundo points to three key factors in determining a successful outcome in strategizing a responsible energy policy;
A) Employment concerns
B) Unfair tax policies
C) Economic impact
In fact, his analysis concludes that "The Congressional Research Service found that the changes proposed to Section 199 would "adversely affect domestic (oil) production and increase imports. We would also be passing up the 1.2 million good-paying jobs that expanded offshore drilling would create long-term, along with $8 trillion in economic growth that would produce an additional $2.2 trillion in new tax revenue."
We should look long and hard at policies that produce such economic and emotional distress upon New Hampshire’s families. With the ‘giant increase’ in taxes that Mike Biundo points to we should wonder what President Obama’s freshman economic team is thinking. As the product of a frugal state it is all our hopes you import granite state sense into the Washington equation when determining tax policies.
Does it not make sense to avoid harming middle class families with even higher energy costs? It is well known that any and all taxes Washington applies to industrial sectors will be passed to consumers as the cost to energy production. That means families will bear the burden of higher industrial taxes, period.
Does it not make sense to encourage energy discovery and maintain American energy supplies? Why then is Congress considering a tax that is not fair as it is not targeted to overall carbon footprint but rather motivated by some ideological hatred from green backed policy advocates upon investors and captains of industry in American gas and oil?
Does it not make sense to reduce our dependence on foreign oil markets? Why then did Congress consider alternative energy plans to President Obama’s own that advocated expanded offshore drilling to increase our domestic energy supply, and thereby reducing our reliance on foreign oil? Section 199 will raise taxes on offshore drilling and add to the already substantial cost of installing new drilling operations.
Cold facts mean hard realities; offend domestic markets with taxes, ignore taxpayer protests nationwide, continue to support bloated government programs and our recession will get worse and reliance on foreign oil will be the result.
Please reconsider your position and help investors have a reason to believe in the American economy once again.
Regards,
Doug Lambert
XX Xxxxxx Xx.
Gilford, NH 03249
(603)xxx-xxxx