Oil Companies Paid More Taxes Than Bottom 75%

http://mjperry.blogspot.com/2008/05/oil-companies-paid-more-taxes-than.html ^

[Moonman62]

Republicans are going to get killed at the polls over the price of gas.

[Mogollon]

Republicans are going to get killed at the polls over the price of gas.

Over 95% of the republicans in congress vote for more domestic drilling and building more refineries.

[Moonman62]

End results are what matters. W is an elitist, who made the economy work well for his Texas buddies.

The GOP is going to get blasted in Nov. It would be a lot worse if the Donks weren't just as bad.

[ilgipper]

W is an elitist, who made the economy work well for his Texas buddies

WTF are you talking about? The economy has worked well for all of us. We have had over six years of growth. Oil prices are driving this gas price increase, it has nothing to do with this President or the energy companies.

[budwiesest]

Oil prices are driving this gas price increase,

True, but wouldn't you find it interesting if some middle eastern suppliers (and their commie oil producing cousins) wanted to affect the outcome of our next election? Like: They gotta a hama for Obama.

[Lokibob]

This is crazy... oil companies did not pay $138 billion in taxes, the consumer paid $138 billion in taxes. Corporations do not pay taxes, they collect the taxes for the government.

Suppose there were no corporate income tax. The price of gas COULD (snicker) have been lowered $138 billion, with no impact on corporate profit.

....Bob

[raybbr]

We have had over six years of growth.

Who is "we"? Oil commodities brokers?

[kindred]

We see that the oil companies pay the largest taxes to the wastful federal government and we understand that the taxes they paid are taken from the gasoline monies collected at the fuel pump when every car is filled with gas, therefore it follows that the government is responsible for the high prices of gas as they continue to refuse to allow the oil companies to drill and build refineries in America.
High gas prices, it’s the politicians, stupid.

[kindred]

[Over 95% of the republicans in congress vote for more domestic drilling and building more refineries.]

True, though I beleive they are conservatives stuck in the liberal lite GOP.
And over 50% of the American people do not know this and will vote for the dems who will raise the prices of gas more and more and more yet.

[Bobarian]

We must confiscate their immoral profits! We won’t be satisfied until the oil companies are constantly teetering on the brink of bankruptcy just like the airline industry. That would be good for our nation.

[Bobarian]

Oil prices are high because demand is high. Demand is high because the global economy is booming.

[Moonman62]

Oil prices are high because W wants them high along with other commodities. Sure, supply and demand could account for $15 to $20 above a $25 base, but the rest is ridiculous. Commodities ideally should not go up or down in price very much.

Scream about it all you want, but W is one of the worst economic presidents there's ever been.

Forget all these bubbles and favoritism for particular sectors. Give me the rising tide that lifts all boats that JFK and Reagan promoted.

[Bommer]

So aside from the weak dollar, how does ‘W’ control the commodities markets? Is he some sorta evil Soro’s daytrader!

[TexasAg]

Commodities ideally should not go up or down in price very much.

Your grasp of economic theory is amazingly bad to say the least.

[Moonman62]

An economist is someone who sees what works in practice and then wonders if it will work in theory.

Other than that, I think you're kind of rude.

[Dog Gone]

W is an elitist, who made the economy work well for his Texas buddies.

I thought Molly Ivins died. I was wrong.

[TexasAg]

An economist is someone who sees what works in practice and then wonders if it will work in theory.

Other than that, I think you're kind of rude.

And someone who comes here to bash the President (or anyone) based on a total lack of understanding how our economy works is ignorant. All things considered, I'd rather be "rude" for pointing out your "ignorance."

[tpanther]

Ummmmmmm the hypocrats control congress, and since they gained control in ‘06, gas prices have flown through the roof, moreover, it’s the hypocrats that consider caribou in Alaska more important than people and preclude oil drilling, which is a strawman argument in the first place!

But being programmed by the liberal media of course would lead one to the conclusion that high gas is a Republican problem!

[tpanther]

You’re way out there...the economy over the past 7 years has been healthy overall.

Growth has been healthy, unemployment low...

BDS alert!