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