Posted on 10/26/2005 9:10:16 AM PDT by RetiredArmy
Hillary Clinton Proposes Massive Energy Tax
2008 presidential candidate Hillary Clinton said yesterday that she backs a plan to hike gasoline taxes through the roof.
Speaking to a group of alternative energy investors in Washington, D.C., Clinton proposed to sock oil companies with $20 billion in new fees that would be used to fund research on clean energy - driving up costs for oil producers that they would inevitably pass along to consumers.
The top Democrat said her goal is to get "oil companies that have experienced these amazing profits either to reinvest them in our energy future to reduce our dependence on oil or to contribute to a strategic energy fund that will provide incentives for companies and consumers who want to be part of an energy solution."
Mrs. Clinton's whopping tax hike proposal comes just as prices at the pump are beginning to decline from records highs in the wake of Hurricane Katrina, which caused a bump in energy inflation that experts warned could tip the economy into recession.
Mrs. Clinton declined to say how she would offset the additional costs that her plan would likely inflict on consumers.
no way in hell that would ever get through Congress...
despite what some say on here, the GOP will still control Congress if she gets elected....
It isn't clean, but it's powerful.
Hillary Clinton Proposes Massive Energy Tax
but of course, that is what she does
So, too, are some in the GOP.
Fools.
Okay, American, here is a PERFECT EXAMPLE of what you will get with your socialist democrat president.
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Like the good Marxist she REALLY IS:
"WE ARE GOING TO TAKE THINGS AWAY FROM YOU FOR THE COMMON GOOD" --- Comrade Klinton
That's the ticket! Gas prices at $10.00+ a gallon! She'll be raking in the votes!.............
But she promise to get tough on illegal immigration therefore we must vote for her! /s
My favorite was her comment after being asked about the large number of small businesses failing that she has no sympathy for under-capitalized enterprises.
We could pay the debt off just from what Hillary* would have to pay. You know?
(*Smartest woman in the world? Ever listen to her speak off the cuff? It's like fingernails across a blackboard).
Another idea would be to put some kind of electrical generator on Hillary's head that could create electricity from her head bobbing up and down. Speaking of head bobbing, I bet that was the talent that originally attracted Bill Clinton to Hillary when she was young and it was dark inside the room at college.
But she promise to get tough on illegal immigration therefore we must vote for her!
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The liberal's idea of "getting tough" on ILLEGALS is just like what we see today from them -- NOTHING!! Just like the vast majority of Washington. LIES.
Get ready to buy up oil company shares. Hillary bad mouthed the drug companies excessive profits back when xclintoon was prez and I bought Lilly, Pfizer etc and made a ton.
That Hillary, tough on illegal immigration and now she's pushing for new oil refineries. /sarcasm
What a surprise!
All talk and no action..
Perhaps there should be a call for a tax on campaign contributions that come from any source outside the state in which the candidate is running. Or any money made on cattle futures that are in excess of say, ten times the amount of the original investment. Or on any advances from a publisher in excess of, say, $50,000, and all sales in excess of $1,000,000 of any one title.
A tax on energy producers only changes who eventually pays the tax - the consumer. Bigger consumers, of course, only pay a bigger proportionate amount, but in the end, it is an anti-business tax, which may have been the objective, not the flow of revenue. Herself HAS been keeping an eye on the ball.
I requested more detail from her and asked when a bill might be submitted.
Don't expect answers.
Exactly. Corporations don't 'absorb' cost increases, they are passed along to concumers. Dems will never understand.
Fat Bottomed Girl has NO CLUE when it comes to economics. Not one single brain cell.
Remember this quote. We'll need it in '08.
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