Democrats Push Higher Gas Prices
Subtitle: Democrat Project Delay: Day #2
Democrats are complaining again about capitalism. They really don't like freedom, people, honestly. They moan and cry about Exxon's $9 billion profit, demanding that the oil companies pay even MORE in taxes. Sen Byron Dorgan (Committed Socialist - ND) wants to add a 50% tax to oil company profits. Of course, that's on top of the 35% corporate tax they already pay. Why? Because he wants more money to spend, obviously. For those who complain about those who profit from oil sales, I have some numbers for you. If you truly want to stop or slow down those who are making money off your expenditures on gasoline, you're looking in the wrong direction. From 1977 to 2004, the total profits combined of every single oil company in the United States was $643 billion. Over the exact same time period, governments have "profited" $1.34 TRILLION, more than twice the amount made by oil companies*. So who is making "too much" money off your gasoline purchases? Government, that's who.* Figures from The Tax Foundation
Comments
1
When isn't the government making too much money off me? Sheesh, I feel like such a john, giving cash to the government whore but I can't seem to get enough so I keep paying more!
Posted by: oddybobo at November 03, 2005 10:07 AM (6Gm0j)
2
When aren't they? I wish I could say when the government shuts down, but I know they actually spend MORE when they're shut down because when they start up, then spend all they were going to spend and more.
Now shut up and hand over more money now.
Now shut up and hand over more money now.
Posted by: Ogre at November 03, 2005 10:14 AM (/k+l4)
Processing 0.0, elapsed 0.0052 seconds.
18 queries taking 0.0039 seconds, 10 records returned.
Page size 4 kb.
Powered by Minx 0.8 beta.