Posted on 05/13/2011 6:39:04 AM PDT by Gopher Broke
Right now, Congress is debating the best way to get our fiscal house in order and cut spending. A good first step would be to eliminate the money taxpayers spend on subsidies to major oil companies.
We're going to have to make a lot of tough choices, but this one is easy. I strongly support putting an end to federal tax giveaways for big oil companies because they aren't necessary and they'll cost taxpayers over $21 billion over the next decade.
Unfortunately, even as gas prices rise and oil profits grow even more, George Allen and Jamie Radtke prefer the status quo. Both Republican candidates have chosen to continue these special tax breaks for big oil companies, rather than take the fiscally responsible approach.
Join me in asking my fellow U.S. Senate candidates to stop seeing this from the oil companies' perspective, and start putting themselves in the taxpayers' shoes.
We will make sure your message reaches their campaigns: http://kaineforva.com/oil
As Governor I brought people together to cut our state budget and keep our fiscal house in order. The way to do it in Washington is the same: bring Democrats and Republicans together. I have said from day one of this campaign that we need to make tough choices to cut spending. This one should be easy for anyone serious about representing Virginia in the U.S. Senate.
Democrats and Republicans should be able to cooperate on common sense decisions like this and I need your help to let Jamie Radtke, George Allen and other Senate hopefuls know that Virginians want fiscal responsibility over government giveaways for big oil companies.
http://kaineforva.com/oil
Once you've asked them to support ending these subsidies, please use take a moment ask your friends to join you in doing the same by forwarding this email, or sharing your action on Twitter or Facebook. The greater our numbers, the stronger our voice will be.
Thank you for your support.
Sincerely,
Tim Kaine
Looks like Timmy is following his master Obama in deflecting the real problem, horrible NO DRILL US energy policy......
I am so sick of “well I’ll show THEM” politics.
What I mean is this...class warfare politics.
“Oil prices are high and BP makes lots of money, so I’ll show THEM. I’ll raise their taxes.”
It makes the liberal feel better about his smug self, but doesn’t do a damn thing to help the consumer who is paying $80 per tank of gas.
He didn't get it.
His demand here to raise the price of domestic gasoline is of a piece with that sales tax idea. It's another regressive tax that will hurt the poor and increase profits for the rich.
I hope I got that right ~ Kaine favors the rich and despises the poor.
He's the Democrat, right?
Well, we'll see how he does in the election with this idea.
I see former Governor Douglas Wilder coming out in open support of the Republican candidate this time.
Government raise taxes on cigarettes and and alcohol trying to reduce their consumption.
Government subsidizes wind and solar power trying to more of it installed.
And now they are looking for reasons to raise taxes on the domestic oil and gas industry. And what do you think additional taxes are supposed to accomplish?
The liberals know that every nickle of the “so called” obscene profits” is put back into the ground (in other words, invested.) The Intangible Drilling Cost write off is the cost of manufacturing, just like GM writes off it’s manufacturing cost. The reality is the Oil and Gas companies pay more in taxes than just about any other industry. Timmy can stuff it where it doesn’t shine.
End the subsidies, but open up ANWR and lift the moratorium. That is the logical compromise, which would hold across the board conservative principles and drive down prices. I think the American people would get behind it and force 0bama and Reid to accept. A win-win for everyone.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.