Skip to comments.McCaskill urges end to oil company tax breaks
Posted on 05/13/2011 3:39:05 PM PDT by MissouriConservative
Sen. Claire McCaskill says a proposal to take $2 billion in tax subsidies away from the five biggest oil companies should be the easiest bill Congress ever passed.
(Excerpt) Read more at kansascity.com ...
I’m guessing she doesn’t want to keep her precious Senate seat much longer. Someone needs to tell Claire that you run to the center or the right to get elected. This will not play well.
She’ll tell the brothers in St Louis that she’s gonna give it to them and win a landslide. Carry St Louis big enough in a statewide election, and you win automatically - just not enough folks with sense in the rest of the state to overcome the brain dead inner city masses...red
Isn’t this like a bill of attainder? Passing a bill that specifically declares one industry (oil) to be taxed differently than others?
Yes osama’s favorite America hater right on his TV, I wonder if this was the porn that was mentioned.
End it for the “green” energy too, ClaireIdiot. =.=
This is going to make energy cheaper??
I don’t think so.
Even an idiot like myself can see that the oil company will simply pass the cost’s on the the consumer, Me.
But isn’t that the point? Don’t they want to make gasoline $5.00 a gallon or more?
And the oil companies will just raise product prices to cover it. That will make the senator very popular, huh?
This is what’s known as demagoguery. Will it work. I don’t expect it will for McCaskill this time.
We The People must do some major cleaning come November 2012!
GOP needs to get ON THE AIR TONIGHT with the line, “Sen. McCaskil wants $6.00 a gallon gasoline.”
Get out in front of this thing and f’n BEAT it like a red-headed stepchild!
Now is this the same Claire McCaskill who did not pay taxes on her PERSONAL airplane for several years in a row? That Claire McCaskill?
That Claire McCaskill?
Yep, the very same same Crazy Claire.
She is still doing her lap dance for 0bama like she has on all his many failed policies and programs.
$4 or more for a gallon of gasoline means nothing to her. She is an elitist who does not care about what happens to the peasants.
She is depending on her moronic St Louis & & Kansas City base to reelect her.
The republicans need a candidate who will energize those who attend tea parties to turn out in big numbers.
What she means is until she gets her tax free gift .
It took all the way to Post #14 for someone to remember. Good job.
Yeah gas prices will go down instead of up if you hike taxes on oil companies. Genius!
Next she’ll suggest smearing ice cream on your arms to keep the mosquitoes away.
....how is crushing the oil companies with fat taxes going to bring down the price or help the consumer?
The same as driving Boeing out of the country. Obama is for the little guy, right South Carolina?
1. Evidently, Senator McCaskill can't distinguish between a "subsidy" and a "tax deduction". Welfare is a "subsidy"; its recipients get a check from the taxpayers. A "tax deduction" is what you take for your mortgage interest.
2. Somebody should ask Senator McCaskill to define the difference between amortization of capital assets as they apply to her corporate airplane and drilling expenses. Why is one a valid tax deduction and the other is not.
MC, your Senator is now officially in the race for "dumbest person in the Senate".
In other words, “I want gas prices to go even higher!”
Businesses do not pay taxes - they pass the costs along to consumers. There should not be any business taxes.
More demagoguery by the leftists. Unfortunately the weak kneed Republicans are going to lose both the PR battle and the war with their normal politics.
Go on the offensive. Talk about Obama’s buddies at GE paying zero income tax while the oil companies pay billions in taxes. Talk about Goldman Sachs raking in billions and paying out billions in bonuses.
Also talk about how US companies that don’t have sweetheart deals like Goldman and GE pay higher corporate taxes than Chinese companies resulting in American jobs going to China.
Offer a real solution. Take the corporate tax rate to a flat 20%. Period. No credits, deferrals, loopholes and subsidies. Tell the public we want to do better than the Dems — end all of the tax loopholes across the board and make every corporation pay the same rate. End all special privileges while making the US corporate tax rate competitive with Europe and Asia to encourage investment in the US. Even the dumbed down US public can understand this call to action.
The Republicans are playing a PR game they can’t win by defending oil tax credits. The only way to win is this one is by turning the tables, offering to eliminate all corporate tax breaks while at the same time getting a flat corporate tax rate set at a level to make US companies competitive. It is a winning message and good for the economy.
The left really wants to end tax breaks for all non-leftist things. That’s the left’s pipe dream.
It’s the majority of all U.S. city voters that are, profoundly, harming the long-term survival of, both, the GOP and U.S. conservatism.
Not just one specific industry, but a few companies singled out within it. So that brings equal protection clause questions as well.
I wonder if anyone in DC who was not a tourist has read the Constitution?
Do these losers even OWN televisions? One of their own, former congresscritter Martin Frost has backed up what Gov. Palin has already said:
“Big Oil” has not been allowed to receive these subsidies since 1976. And they aren’t getting them now. Don’t take my word for it. Here’s the broadcast interview.