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Biden’s Latest Energy Deflection: Raise Taxes
Power the future ^ | NOVEMBER 1, 2022

Posted on 11/01/2022 10:48:42 AM PDT by george76

Joe Biden and his administration’s extreme energy policies have predictably resulted in sky-high costs for American families. Biden has become increasingly desperate to shift blame and he is reportedly considering a new plan: raise energy taxes.

...

Biden’s solution for high prices is raise taxes on energy producers, who will then pass that cost onto American consumers. Higher taxes do not bring prices down.

Daniel Turner, our founder, and executive director was quick to blast the president’s plan. “Out of time and answers, the Biden Administration is trotting out another policy straight out of the 1970s in a transparent attempt to shift attention from their colossal failures,” said Turner. “Only in Joe Biden’s mind does it make sense to lower prices by raising taxes. America was energy independent three short years ago, and for all of President Biden’s many shortcomings, his policies on energy stand alone. Raising taxes will do nothing to address our current supply imbalance or lower prices for consumers who are already suffering under Biden’s inflation tax. If he was truly interested in improving the current situation, President Biden would sit down with America’s energy producers instead of his continued vilification and demonization.”

Biden trying to blame energy companies for high prices is even more ironic because just two days earlier, he was claiming credit for prices at the pump. Biden’s war on energy workers and production is the reason for high costs. Raising taxes will only make things so much worse.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections; Russia
KEYWORDS: anwr; bidenflation; diesel; dieselfuel; energy; energydeflection; energytaxes; fuel; highertaxes; keystonexl; opec; opecplus; raisetaxes; russia; saudiarabia; taxes

1 posted on 11/01/2022 10:48:42 AM PDT by george76
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To: george76

At a recent news conference, a reporter asked a White House spokesman about the shortage of diesel fuel. Paraphrasing:

“The US is facing a severe shortage in diesel fuel. What is the White House doing to INCREASE THE SUPPLY of diesel fuel?”

Answer: “We are sending as much diesel fuel to Ukraine as we possibly can.”

*****

and now we see this thread:

“I can’t pay my electric bill!”
“Don’t worry, I’ll be raising taxes soon!”

Your government hates you.


2 posted on 11/01/2022 10:54:56 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: george76

The last time we had windfall taxes big oil bought non-oil businesses to reduce their “profits”. Mobil bought Montgomery Ward and a container manufacturer, Exxon bought an electric motor company, others invested in land and animal feed companies.


3 posted on 11/01/2022 10:59:43 AM PDT by kaktuskid
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To: ClearCase_guy
"Grind the bourgeoisie between inflation and taxation" V. Lenin
4 posted on 11/01/2022 10:59:55 AM PDT by Chad C. Mulligan (CNN)
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To: george76

seriously this guy is much much worse than Carter.


5 posted on 11/01/2022 11:01:47 AM PDT by TexasFreeper2009
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To: george76

Anytime you raise taxes on anything you get less of it.


6 posted on 11/01/2022 11:03:33 AM PDT by Captain Compassion (I'm just sayin')
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To: ClearCase_guy

You will own nothing and .. ~ Deep State tyrants love new wars.


7 posted on 11/01/2022 11:10:59 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

Yeah because raising the cost always lowers the price

What an idiot


8 posted on 11/01/2022 11:37:40 AM PDT by Nifster (I see puppy dogs in the clouds )
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To: TexasFreeper2009

Yes. Carter was incompetent. Biden is malignant.


9 posted on 11/01/2022 11:42:14 AM PDT by hinckley buzzard ( Resist the narrative.)
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To: george76

THE largest WINDFALL PROFITS EVER pushed upon the American public is the vaccines/Pfizer/Moderna, etc.

IF it truly does cost ONLY $1.18 to make a dose that Pfizer is going to charge $130.00 for starting in Jan 2023, that is a MARK UP of 11,017 %.


10 posted on 11/01/2022 12:06:52 PM PDT by ridesthemiles
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To: george76

THE largest WINDFALL PROFITS EVER pushed upon the American public is the vaccines/Pfizer/Moderna, etc.

IF it truly does cost ONLY $1.18 to make a dose that Pfizer is going to charge $130.00 for starting in Jan 2023, that is a MARK UP of 11,017 %.

SORRY-—110.17 %


11 posted on 11/01/2022 12:07:59 PM PDT by ridesthemiles
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To: george76

THE largest WINDFALL PROFITS EVER pushed upon the American public is the vaccines/Pfizer/Moderna, etc.

IF it truly does cost ONLY $1.18 to make a dose that Pfizer is going to charge $130.00 for starting in Jan 2023, that is a MARK UP of 11,017 %.


12 posted on 11/01/2022 12:08:32 PM PDT by ridesthemiles
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To: ClearCase_guy
"The US is facing a severe shortage in diesel fuel. What is the White House doing to INCREASE THE SUPPLY of diesel fuel?”

Biodiesel can probably be synthesized from liberal fatheads. Schmucky schumer will look cute with an oil derrick pump on his head.
13 posted on 11/01/2022 10:59:11 PM PDT by clearcarbon (Fraudulent elections have consequences.)
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To: george76
Somebody's gotta pay for this...

$412.5M secured for Low-Income Home-Energy Assistance Program for New Yorkers

14 posted on 11/07/2022 4:26:26 AM PST by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: george76
I agree there should be a tax on oil, on imported crude oil. A tariff would make domemstic oil even more valuable!!!

Drill baby drill!!!

15 posted on 11/07/2022 4:39:25 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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