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originally posted by: ketsuko
originally posted by: Wardaddy454
Good. I'm sure that money will go exactly where he says it will. /s
Oh, you mean like that Stimulus bill they passed early in his first term that was supposed to fix all that infrastructure and go to shovel ready jobs?
originally posted by: MALBOSIA
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
originally posted by: greencmp
a reply to: EternalSolace
When American industry is down, that's when you kick it hard. Especially when it makes consumers hurt too.
God forbid he would allow low energy prices to encourage manufacturing.
Progressive strategy 101.
originally posted by: Xcathdra
a reply to: ketsuko
The speaker of the house said the tax idea is dead on arrival so this is a moot point now.
originally posted by: EternalSolace
WASHINGTON — President Obama will propose a $10-a-barrel oil tax to fund an ambitious new transportation spending plan, White House officials said Thursday. But no sooner had the White House proposed the plan than Republicans in Congress shot it down.
The new oil tax would be phased in over five years, and would apply to both domestic and imported oil. It's different from a gas tax in that it will be paid for by the oil companies, not directly by consumers, and would also apply to jet and train fuel
Obama to propose $10-a-barrel oil tax
Apparently low oil prices aren't sitting well with Obama. He want's to increase taxes on oil by $10 per barrel. One has to wonder what failed green companies he wants to waste tax money on now. Obama claims it's a per barrel fee that the oil companies will pay. But as everyone knows, taxes are always passed on to the consumer. So not only will gas prices rise at the pump, plane tickets and train freight will rise as well.
The republicans in congress already shot it down, but there's no telling how far Obama will be willing to go to see this through.
originally posted by: Phoenix
a reply to: BatheInTheFountain
Agree on your summation 110%
With $2 dollar difference in retail gasoline you'd Obama would redirect that windfall government savings temporarily while fuel costs are down - but no, he goes full cronyism again.
What a bum, can't wait till were rid of him.