Obama to propose $10-a-barrel oil tax

a reply to: ketsuko

The taxes are the same as they were then, respectively, so no your wrong.

You do not believe that in principle making oil producers pay more tax is a good thing? Your worried that if we tax them more, we will be punished by them?

OMG! we better only tax them what they tell us to tax them cause we are all a bunch spineless, yellow bellied cowards?

Is that what you are saying?

What happened to market value? Charge what the consumer can afford to pay or they will go somewhere else?

This is why oil and banks should he nationalized. Its not like we get choices anyway.

a reply to: EternalSolace

I am so sick of progressives/democratic socialists who think that our money belong to them.

a reply to: ketsuko

So...nothing about him imposing taxation? Which of his scary EO's have shredded the constitution lately? Which one has ordered jackbooted thugs into your home and taken your rifles and shotguns? Which one has made gas prices skyrocket? Which EO that Obama has written has made you go bankrupt from trying to pay your electric bill?

Please, research and get back to me. I'll be waiting.

a reply to: links234

it's typical ignorant American hysteria.
Yell loud enough about the nonsense that keeps you awake at night maybe you'll convince others too.

We (the rest of the world) just sit back and laugh at how stupid they're acting.

You pretend like Obama is worse than Hitler, you pretend like Bush was awesome, you pretend like guns really keep you safe and you go on and on about how all the middle eastern nations deserved the ''democracy'' you bombed them into.

Its a sad state of affairs in the US of A.

a reply to: EternalSolace

Or he sees that oil is at a low not seen since when, 2003? The tax would go to something that benefits us and we've become used to paying much higher oil prices. The tax won't break the bank. Of course, you accuse him of wanting to put us in the poor house.

a reply to: links234

There is the immigration one that illegally changes the status of illegal aliens. The one the courts have repeatedly blocked but he keeps ordering the bureaucracy to continue on with.

We'll see where the SCOTUS goes with it.

Basically, he claims he wants green energy develop.

So I have to ask ... Why is it that the only way to get it is to punish companies into it through punitive taxes? Why not offer tax freedom for companies who engage in the approved of activity?

Nope. He just wants money.

originally posted by: MALBOSIA
a reply to: ketsuko

The taxes are the same as they were then, respectively, so no your wrong.

You do not believe that in principle making oil producers pay more tax is a good thing? Your worried that if we tax them more, we will be punished by them?

OMG! we better only tax them what they tell us to tax them cause we are all a bunch spineless, yellow bellied cowards?

Is that what you are saying?

What happened to market value? Charge what the consumer can afford to pay or they will go somewhere else?

This is why oil and banks should he nationalized. Its not like we get choices anyway.

You don't seem to understand business.

You sell product X, you sell it for $10 and make $5 profit on it.

The government taxes you $4.50 .

Do you now only make $0.50 profit, or do you charge $14.50 to still get you $5 profit?

Since you are doing it for the $5 in profit, you charge $14.50.

It really is that simple.

originally posted by: Swills
a reply to: EternalSolace

Or he sees that oil is at a low not seen since when, 2003? The tax would go to something that benefits us and we've become used to paying much higher oil prices. The tax won't break the bank. Of course, you accuse him of wanting to put us in the poor house.

No, we've not become used to paying higher oil prices. Sorry, but $1.50 a gallon helps my budget out more than $3.50 a gallon. There is not one green energy initiative that's ready to even begin investing infrastructure in aside from nuclear energy. I, and I'm sure others, do not want to pay $3.50+ for a gallon of gas so some reject CEO can claim he has the answer only to fade away in failure with millions or billions of taxpayer money.

That said, I'd love to see hydrogen cars and power plants become mainstream. That's the only way I see ridding ourselves of oil and coal.

originally posted by: Swills
a reply to: EternalSolace

Or he sees that oil is at a low not seen since when, 2003? The tax would go to something that benefits us and we've become used to paying much higher oil prices. The tax won't break the bank. Of course, you accuse him of wanting to put us in the poor house.

No we have not become used to it.

Our wages have not raised in decades, and in fact have fallen in most sectors.

Me that we can afford to use our cars for more than work for the first time in years, we should pay more for another idiots fantasy?

BS!!!

Green technology is a fraud, it costs more than it is worth, and the billions he wasted on it did nothing but line his buddies pockets.

It is called not doubling down on a bad investment.

originally posted by: Sargeras

Green technology is a fraud, it costs more than it is worth, and the billions he wasted on it did nothing but line his buddies pockets.

It is called not doubling down on a bad investment.

originally posted by:chops agit8d[/post]
it's typical ignorant American hysteria.

a reply to: Agit8dChop

I'm sure over 2.2 billion lost in tax money is hysteria.

originally posted by: Sargeras

originally posted by: MALBOSIA
a reply to: ketsuko

The taxes are the same as they were then, respectively, so no your wrong.

You do not believe that in principle making oil producers pay more tax is a good thing? Your worried that if we tax them more, we will be punished by them?

OMG! we better only tax them what they tell us to tax them cause we are all a bunch spineless, yellow bellied cowards?

Is that what you are saying?

What happened to market value? Charge what the consumer can afford to pay or they will go somewhere else?

This is why oil and banks should he nationalized. Its not like we get choices anyway.

You don't seem to understand business.

You sell product X, you sell it for $10 and make $5 profit on it.

The government taxes you $4.50 .

Do you now only make $0.50 profit, or do you charge $14.50 to still get you $5 profit?

Since you are doing it for the $5 in profit, you charge $14.50.

It really is that simple.

If passing the tax onto me is too expensive then I wont pay so your just going to have to settle for your fitty cent or get nothing at all. Go find another market to do business in. Ill buy a Tesla.

Its really that simple

Government doesn't run on a shoe-string budget. It over taxes, over spends and when it runs out of our money, taxes more.

a reply to: ketsuko

Is that the one where he ordered the deportation of 2.5 million illegals? How about the one where he ordered the deportation of 100,000 illegal families this last Christmas?

Oh...I think it was the one that "does not give immigrants any legal status, and can be revoked at any time."

You're right, ruining this country he is. Tyrant. God-King.

a reply to: EternalSolace
That article isn't just about that though, there is also talk of that number dropping as companies do better and that it is to early to say what the cost will be.
So yes, it is a bit of hysteria to say that as a fact we have lost 2.2 billion.
We subsidize big oil too, more than 2.2 billion.

What company are we all talking about him investing in btw? You all are talking like that as if it is a fact, well then lets talk about what company it is.

a reply to: EternalSolace

Yep, bloody Obama I cant believe he did this to our country..

The green program loan guarantees were created in a 2005 law and boosted by the 2009 stimulus. The first applications were approved in 2009, and through 2014 the Obama administration had issued some 38 loans and guarantees, covering 34 projects ranging from nuclear power plants to fuel-efficient vehicles to solar panels and wind-generation technology.

wait.. what? the Green Program loans were devised in 2005? thats under BUSHS watch!

The Energy Policy Act of 2005 (Pub.L. 109–58) is a bill passed by the United States Congress on July 29, 2005, and signed into law by President George W. Bush on August 8, 2005, at Sandia National Laboratories in Albuquerque, New Mexico. The act, described by proponents as an attempt to combat growing energy problems, changed US energy policy by providing tax incentives and loan guarantees for energy production of various types

god damn Obama, once again its PROOF he's just useless. /s

You've spent over 1.X trillion on Iraq war.
Close to a trillion in Afghan
Hundreds of billions in subidies..

yet.. your crying foul over 2.2 billion in financing for renewable energies that .. if one of them hits the mark and finds the golden goose will completely change the world.

Look.. for years we've watched you drool over the prospect of Obama being satan.

'' He's going to take our guns ''

'' He's declaring martial law ''

''He's going to turn off the internet ''

'' He's going to invade the middle east ''

... you are so hysterical and rabid and your focus is 10000% on ridiculing the black man in charge. Imagine if you put your energy into actually doing something positive and decent for society? imagine that.. Americans doing what their grandparents did and actually CONTRIBUTING to society instead of sitting back and criticizing EVERYTHING!

a reply to: Agit8dChop

"Black man in charge"?

So if Hillary gets in and we disagree on policy, were sexist?
If Sanders gets in, we're anti-semetic?
If Rubio or Cruz gets in, we're anti-Hispanic?
If Carson gets in, we're racist?

a reply to: DBCowboy

Sounds like a Catch-22

a reply to: Agit8dChop

Devised doesn't mean approved. Just as Obama proposing this tax, doesn't mean it's approved. It doesn't negate that the plans we're approved during a democratic controlled congress during Obama and that every last program has been an abysmal failure.

So yes! Let's cheer Obama for wasting billions in tax payer money.