Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: chemicalman; metmom; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; ...
RE :” The House is expected to vote this week on whether to quadruple the oil tax to pay for the damages from the massive oil spill in the Gulf of Mexico. But as dramatic as the increase might seem, analysts say that consumers will barely feel it. The House “oil spill response” measure, included among others in a larger bill, proposes that the tax be increased from its current rate of 8 cents a barrel to 32 cents. This is projected to raise nearly $10 billion over the next 10 years for the Oil Spill Liability Trust Fund.

Remember Obama’s promise made almost daily. “If you make under 250K per year you will not see ‘your’ taxes increased even one penny”. He never said he wouldn't tax your ‘oil’ or your ‘gasoline’, just 'your' taxes. During the campaign the MSM never thought to ask him if he would tax things we buy either , funny how that works. So much for vetting.

33 posted on 05/25/2010 9:08:23 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the federal spending=tax delayed")
[ Post Reply | Private Reply | To 1 | View Replies ]


To: sickoflibs
dude, it aint even about the semantics of 'your' vs oil taxes or any other...bottom line is that the magical trust slush fund will only serve to rob more wealth from We the People...

if goooooobermint served any benefit, the billions [or is it trillions ?] already soaked up in decades worth of taxation wouldve been used to design a spill response strategy for the thousands of drill projects that have been ongoing since my grandparents days...

just another crisis...so many to choose from, so little time...

38 posted on 05/25/2010 9:34:16 AM PDT by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
[ Post Reply | Private Reply | To 33 | View Replies ]

To: sickoflibs

It ain’t so funny....


41 posted on 05/25/2010 9:51:49 AM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
[ Post Reply | Private Reply | To 33 | View Replies ]

To: sickoflibs
analysts say that consumers will barely feel it.

If anyone believes that....I own several bridges and parks here in Chicago. They are all for sale, everything must go. Freepmail me for details. ;d

55 posted on 05/26/2010 3:04:11 AM PDT by Impy (RED=COMMUNIST, NOT REPUBLICAN | NO "INDIVIDUAL MANDATE"!!!!!!!)
[ Post Reply | Private Reply | To 33 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson