Fellow FReepers and lurkers, catfish1957 has been posting this lie one and off for a couple of years, now. He knows perfectly well that he is telling his fellow conservatives, Republicans, and FReepers a falsehood. He hopes like crazy that you won't have the curiosity or intelligence to read this right here, or that if you do, you won't read beyond the first 50 or so comments on the robust discussion forum that followed -- it wasn't until quite a few readers had posted that folks started to catch on to the whats and whys of the semantic propaganda play on the scary phrase "oil windfall profits tax" to describe what was, basically, a state-imposed usage fee (a tax, it's fair to say, though some would argue even that) based not on profits nor on windfalls, but on the going price of a barrell of oil. He also hopes that you won't further take the time to read this discussion. He hopes you aren't independent-minded and ornery enough to google the issue and then spend a few hours educating yourself and realizing that the folks who want to call this an "oil windfall profits tax" are lying, plain and simple, and they range from the MSM to Murkowski's folk.
catfish's hand is weak, and that's why he has to resort to misrepresentation and falsehoods in order to convince you not to support Palin.
I like Ms. Palin, and in fact she would be my second/third pick behind DeMint. However, it is really too bad that there are foam frothing at the mouth Freepers like you, because you and your ilk give her a bad name.
tax on profits that result from a sudden windfall to a particular company or industry.
If that is not enough here is a rundown of the legislation from the liberal (/s) Tax Foundation...
Tax Foundation write up on Alaskan Windfall Profit Tax
Try to focus on this point.... The tax rate would increase by .1 percent for every dollar per barrel when the price of oil goes above $35 per barrel after the companies' costs. Since the cost of producing a barrel of oil is about $15 per barrel, that means the tax rate escalator would kick in at when oil is about $50 per barrel.
Keep digging like you did last year. Good Freepers can spot Palin spin better than anyone else.
DeMint 2012, so don't try to fling mud that I am a Myth supporter like all other Palinites do when someone doesn't drink the koolaid.