Originally posted by NOTurTypical
Originally posted by GamerGal
reply to post by NOTurTypical
Winfall tax on Oil Companies and ending Bush's tax cuts to the top 1% that helped cause this economic problem and ending Iraq. Ending Iraq alone will be 1.2trillion or more a year.
??? ARE YOU NUTS?
1. If you tax the oil companies they are going to PASS THAT OFF ON US, the consumer.
2. "Big Oil" has an 8.9% profit margin on their investments. The FEDERAL GOVERNMENT makes quadruple that from what we spend at the pump with NO investment.
3. "Bush's Tax cuts" created the greatest tax revenues in the history of this nation. The problem was NOT tax cuts, it was the SPENDING INCREASES.
4. "This problem" was caused by predatory lending to people that never should have been loaned money to begin with.
5. Iraq is ending, have you been watching the news? Troops are coming home.
Is that why McCain called for another century of war in Iraq? Is that why he voted no against a bill to fund the troops because it had a deadline? McCain will keep spending trillions in Iraq for as long as possible. And still, Obama ending Iraq is more then enough to pay for his new programs with money left over. And as for the myth of oil passing on the bill to us the Dems already tried to make the price gouging illegal but the republicans blocked it. Let's see them do that again with Obama at the helm. And the tax breaks to the top 1% sure helped other countries economies. More money to buy Jaguars, Ferraris, hookers in south east asia, blood diamonds from Africa, so forth. They never spent a penny in America and why should they? They can just stash the extra money off shore so they don't have to pay taxes on it and fill up their billion dollar jets and boats and space rockets.
