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I am thinking a tax on import oil may be inline

Posted on 12/03/2014 12:14:10 PM PST by jyro

I can't think of a tax I have even been for so this is new ground for me. Think about a tax on imported oil. Discuss.


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: energy; oil; saudi; taxes
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To: central_va

Why not put 100% tariffs on all products?


61 posted on 12/03/2014 1:11:08 PM PST by thackney (life is fragile, handle with prayer.)
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To: jyro

Free minds.
Free markets.


62 posted on 12/03/2014 1:11:20 PM PST by Eric in the Ozarks (Rip it out by the roots.)
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To: central_va
I used to believe the free trade crapola you are purveying..

The capacity of many people diminishes as they age. I'm sorry this has happened for you.

63 posted on 12/03/2014 1:12:39 PM PST by FredZarguna (NOT the craw, the CRAW!)
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To: thackney
Having the government selecting winners and losers among different industries is evil.

If demand decreases for a manufactured good due to a tariff then the number of workers need to produce these tariffed products decreases. So yes it hurts the working man, the working man of a FOREIGN COUNTRY. It has no effect on Americans.

64 posted on 12/03/2014 1:12:52 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: FredZarguna

NO COUNTRY OR EMPIRE EVER OFFSHORED THEIR WAY TO PROSPERITY AMIGO.


65 posted on 12/03/2014 1:13:44 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Eric in the Ozarks
Free minds.
Free markets.

And no free lunch.

Not for US corn producers, not for US oil producers, not for the UAW, and certainly not for Wall Street.

66 posted on 12/03/2014 1:13:57 PM PST by FredZarguna (NOT the craw, the CRAW!)
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To: central_va

Using all caps will not make your position more sensible.


67 posted on 12/03/2014 1:14:42 PM PST by FredZarguna (NOT the craw, the CRAW!)
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To: thackney

There is one difference. If the government supports *patriotic* companies over *non-patriotic* companies, it is acceptable.

This means companies that have American employees, pay American taxes, and use American raw materials as *part* of their selling in the American market, are worth supporting.

Multinational corporations, that do not support America in any way, try to change American law to support internationalism at the expense of the American people, strongly advocate amnesty for illegal aliens to get themselves the cheapest possible labor; otherwise outsource for cheap labor, undercut American businesses by market manipulation, and sell restricted products to belligerent dictators and America’s enemies; and finally, support foreign government’s efforts to suppress human rights and liberties. Screw these companies.

The one thing America has that they want is unlimited access to our markets. Other than that, as far as they are concerned, America can go to hell.

This doesn’t mean that government should raise their taxes. They don’t pay taxes of any kind now, so zero times whatever is still zero.

What needs to be done is to tell them that they *cannot* sell in America’s markets unless they support America in many ways. Think of it as a trade embargo.

Yeah, the US has signed free trade treaties. These same nasty corporations pushed hard for that. But treaties can be rewritten or abrogated.


68 posted on 12/03/2014 1:15:04 PM PST by yefragetuwrabrumuy ("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
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To: central_va
I used to believe the free trade crapola you are purveying....

As far as I know you can use tarrifs to protect targeted industries but because there is retaliation the net effect is a wash or a negative.

69 posted on 12/03/2014 1:15:21 PM PST by bkepley
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To: jyro

If it’s country specific, maybe, otherwise it’s just a hit on Canada. We already use almost 50% of our own oil.


70 posted on 12/03/2014 1:19:05 PM PST by struggle
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To: yefragetuwrabrumuy
They don’t pay taxes of any kind now, so zero times whatever is still zero.

What are you talking about? Oil companies doing business in the US, including importation activities, pay taxes on their US operations.

You are making a great mistake wanting the federal government to go farther in picking the winners and losers of competing industries.

The nine most terrifying words in the English language are, 'I'm from the government and I'm here to help.'
- Ronald Reagan

71 posted on 12/03/2014 1:19:15 PM PST by thackney (life is fragile, handle with prayer.)
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To: central_va

“I used to believe the free trade crapola you are purveying....”

You either believe in free-trade or government control trade (Communism). I prefer freedom. Communism is crap.


72 posted on 12/03/2014 1:19:15 PM PST by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
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To: bkepley

“because there is retaliation the net effect is a wash or a negative.”

Only if tariffs are not used across the board. The US is an economic powerhouse. If we rely on foreign trade instead of domestic trade then we are a country without borders and that is no country at all. Might as well not have a country.


73 posted on 12/03/2014 1:20:52 PM PST by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
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To: CodeToad

Umm...across the board tarrifs. Sounds pretty grim.


74 posted on 12/03/2014 1:23:35 PM PST by bkepley
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To: CodeToad
I guess George Washington who signed the very first law passed by the FIRST CONGRESS, the Tariff Act of 1789 was a communist. LOL.

"Whereas it is necessary for the support of government, for the discharge of the debts of the United States, and the encouragement and protection of manufactures, that duties be laid on goods, wares and merchandise:"[1]

Free Traders are the 21 century Tories, globull bootlickers all.

75 posted on 12/03/2014 1:30:51 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: CodeToad

Higher prices are not a “win.” Not only would you pay more at the pump, but also for everything you buy.


76 posted on 12/03/2014 1:31:49 PM PST by 1rudeboy
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To: CodeToad
You have it backwards, Marxists are Free Traders...

But, in general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.

Karl Marx 1848

77 posted on 12/03/2014 1:34:23 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Dude, if you want to pay more for gas, just give the gas station an extra fin every time you fill up. Think of the jobs you’ll be creating.


78 posted on 12/03/2014 1:34:37 PM PST by 1rudeboy
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To: central_va

So you agree with Marx? Not surprising.


79 posted on 12/03/2014 1:35:43 PM PST by 1rudeboy
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To: central_va
Free Traders are the 21 century Tories, globull bootlickers all.

Personally I think that being dogmatic about free trade is stupid but so is being dogmatic about mercantilism and using silly childish insults doesn't help your cause.

80 posted on 12/03/2014 1:36:51 PM PST by bkepley
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