House to vote on raising the oil tax

CNNMoney.com ^ | May 24, 2010: 2:22 PM ET | Aaron Smith

[chemicalman]

"Never let a crisis go to waste." Rhambo Deadfish

Big gubmint coming at you. Call your congress critters before they ram it through like they did healthcare.

[johniegrad]

As if this will ever have anything to do with the oil spill. The money will go the same route as the state tobacco lawsuits, i.e., for spending on every pet project other than what it was intended for.

No government can be trusted.

[MNJohnnie]

Yet when asked by the Press why they are not taking over the oil spill clean up the O regime says “The Oil Companies are the only ones that have the equipment to deal with these spills”.

So it is yet another massive waste of tax dollars on yet another Federal program that does NOTHING it is suppose to do.

[poobear]

Great, just when the cost of a barrel is below $70 and prices at the pump are below 2.80. This will be good for the already spiraling economy.

Democrats can screw up anything!

[kabar]

So does the money go into a lock box for future spills? Probably not. The government will spend it and put IOUs in its place just like SS and Medicare. This is just another way to raise tax revenue.

[Drango]

0.76 cents per gallon of gas.

~sigh...We are so screwed.

[RC2]

Any excuse to raise taxes. How much you wanna bet that none of the new tax will go for clean up? It will go to politicians favorite projects and their buddies.

[skimbell]

Who's going to administer this fund? Same clowns that watch over the Social Security "lock-box"?

[Red Badger]

“Raise Taxes!” The Congressional universal response to everything!.............

[Red Badger]

0.76 cents? Less than a penny isn’t a lot of screwin’.............

[chemicalman]

But as dramatic as the increase might seem, analysts say that consumers will barely feel it.

Bull_hit!

[chemicalman]

Bad tag fix.

[screaminsunshine]

How long until we can get rid of these pests. Every day is another boodoggle. They are full speed ahead cause they know they are toast in Nov. But will the Repuppylicans really repeal any of this disaster? I doubt it.

[silverleaf]

democrat leadership strategy: When all else fails and you want to look like you are managing the situation, raise taxes

[Smokin' Joe]

Where were the fire booms that were supposed to be in the Gulf waiting in case there was a problem? Not one of them was there, which is why there was not rapid containment, and why the slick could not effectively be burned off. For failure, the government wants more money so they won’t have their stuff in a row next time, either?

[a real Sheila]

This tells me that BP won’t have to pay a damned thing!

[RicocheT]

House to vote on raising the oil tax AIR WE BREATHE

There, I fixed it.

[PogySailor]

Bottom line is that we serfs will get the bill in a variety of forms. Higher taxes and higher fuel cost. The “it’s just a few pennies” idea that always rachets is one direction.

[petercooper]

This tells me that BP won’t have to pay a damned thing!

huh?

[metmom]

Gas prices are going down, just before Memorial Day weekend of all times, something I’ve rarely seen. It’s a money grab, plain and simple.

This is going to affect us all and kill the economy.

We need to contact our representatives and let them know how we feel about this.