posted on 03/08/2012 6:44:55 AM PST
To: SeekAndFind; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; ...
Oil companies pay HUGE amounts of taxes, unlike many who got the Obama tax credit. He is trying to appeal to those that envy others making money. And most of those relaively small 'tax credits' are incentives to drill here in the US to create jobs here and export more from here.
Logically raising taxes on oil companies to lower gas prices makes little sense, but when you start talking about deficit reduction with entitlement reform as Republicans did last year, the idea of raising taxes on anything or anyone unusually successful becomes appealing to many voters. This is a simple rule that Republicans ignore at their own peril
FNC Liberal O Reilly wants a law to prohibit export of domestically produced oil. This is as brilliant as his ethanol idea he pushed about 5 or so years ago.
posted on 03/08/2012 7:05:18 AM PST
(Obama : "I will just make insurance companies give you health care for 'free' ")
posted on 03/08/2012 7:05:26 AM PST
by Army Air Corps
(Four Fried Chickens and a Coke)
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