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After all is said and done... How high will a Trump Tarrif be? How much will the Cruz VAT be? After subsidies are eliminated? After taxes are increased on FDI? After corporate deductions are eliminated? After OPEC gets its act together and cuts supply?

It's all happening so fast, it's hard to keep up with all the b.s. coming out of the president and his White House in his last year. In case you missed it, Obama just proposed raising the gas tax to what would amount to 136%. By proposing a $10 per barrel tax on every barrel of oil produced in the U.S., Obama wants to add a 25 cent gas tax on every gallon of gas you purchase at the pump. He wants to use it to pay for his green transportation initiatives. Considering federal gas tax is 18.4 cents...

U.S. President Barack Obama will launch a long-shot bid next week to impose a $10-a-barrel tax on crude oil that would fund the overhaul of the nation's aging transportation infrastructure, the White House said on Thursday. The proposed fee, which would be paid by oil companies and phased in over five years, was quickly met with scorn by lawmakers in the Republican-controlled Congress. In the last year of his presidency, Obama has said the country must stop subsidizing the "dirty" fossil fuels of the past and focus on clean, renewable fuels that do not exacerbate climate change. "By placing a...

President Barack Obama is about to unveil an ambitious plan for a "21st century clean transportation system." And he hopes to fund it with a tax on oil. Obama aides told POLITICO that when he releases his final budget request next week, the president will propose more than $300 billion worth of investments over the next decade in mass transit, high-speed rail, self-driving cars, and other transportation approaches designed to reduce carbon emissions and congestion. To pay for it all, Obama will call for a $10 "fee" on every barrel of oil, a surcharge that would be paid by oil...

The Obama administration will reportedly unveil a proposal next week that would place a $10 tax on each barrel of oil produced in the United States. The proposal is part of the President’s budget for fiscal year 2017. The $10 oil tax would raise an estimated $32 billion, and the money would be used to fund an ambitious program of investments in clean energy, mass transit, high-speed rail, self-driving cars, light rail, subways, buses, and much more. The investments could total $300 billion in new spending. The proposal would help bring America’s infrastructure into the 21st century, and provide “a...

Congressional Republicans vowed Thursday to kill President Barack Obama's plan to add a $10-per-barrel tax on oil production to pay for "green" transportation projects, with House Speaker Paul Ryan calling it "dead on arrival" and "an election-year distraction." "The president expects hard-working consumers to pay for his out-of-touch climate agenda," the Wisconsin Republican said. "A $10 tax for every barrel of oil produced would raise energy prices -- hurting poor Americans the most." [...] President Obama will include the plan in his budget proposal that he will present to Congress on Tuesday. The fee will be phased in over five...

He's BAAAAACK! A NEW "shared payment":Obama to propose $10 per barrel fee on oil CNBC ^ | 2/4/2016 | Jacob Pramukhttp://www.freerepublic.com/focus/f-news/3392911/postsObama proposing $10 a barrel tax on oil to pay for transportation programs MarketWatch ^ | 02/04/16 | Robert Schroeder http://www.freerepublic.com/focus/news/3392925/posts

President Barack Obama will propose a $10 a barrel tax on oil to pay for transporation programs, reports said Thursday. The proposed tax would help pay for projects to encourage mass transit, high-speed rail and self-driving cars, Politico reported. The proposal is due to be included in Obama's final budget request next week. The Republican-controlled Congress is likely to harshly criticize Obama's plan, which comes in the midst of an election year.

President Barack Obama will propose a $10 per barrel charge on oil to fund clean transportation projects as part of his final budget request next week, the White House said Thursday. The proposal would have difficulty clearing the Republican-controlled Congress. Oil companies would pay the fee, which would be gradually introduced over five years. The government would use the proceeds to fund high-speed railways, autonomous cars and other travel systems. "By placing a fee on oil, the President's plan creates a clear incentive for private sector innovation to reduce our reliance on oil and at the same time invests in...