Obama raises taxes on oil imports from Mexico
Do you have a link for that? All I can find is that Mexico raised tariffs on US imports. AFAIK, Mexico's oil exports have not changed.
Do you have a link for that?
We're racing ahead too fast and we need to all get on the same page again. What I said was "Rush was just talking about this --Obama raises taxes on oil imports from Mexico...", so here's the Rush link talking about Obama and fuel prices, and from from the article:
Our third-largest trading partner, the Mexicans have retaliated by saying they will impose tariffs on 90 U.S. industrial and agricultural products, worth $2.4 billion in 2007. So the cost of this "victory" against Mexican trucking will be borne by farmers and manufacturers around the country. |
--and that's showing an immediate increase in taxes resulting from Obama's mismanagement. OK, we all talk about Obama raising taxes but that's technically impossible. The US constitution (specifically the House) has the power to raise taxes. Just the same, Obama will propose a budget that will suggest taxing and spending and the Legislature will have the final say --subject to Obama's veto, but we're digressing again.
The article admits we're heading for more tax hikes and Rich Lowry still thinks it's "unlikely". OK, I like hoping for the best as much as the next guy but imho hoping for an Obama's tax-cut is certifiably bonkers.