She wants "to take those profits" and blah blah blah.
She's aghast at oil companies making the highest profits in the history of the world! Well she and Bill have profited off the presidency more than anyone in the history of the world, I'm aghast!! I wonder how she would feel about me "taking" their profits?
Did you see that look of disgust on her face as she talked about the oil companies 'making a profit'?
Their profit margin is 9.8%. This is a very respectable profit but much less than many other major industries. I would be absolutely delighted if all government entities taxed me at the same percentage as Exxon Mobil's profit percentage.
My taxes are as follows:
SS 14.7% My share and my employers share combined.
Income tax 22%
State taxes and real estate taxes approximately 9%
My total percentage of direct taxes is 45.7%
What most people do not realize is that the cost of taxes of a business is included in the price of every damn thing they buy. They hidden tax on every thing you buy is about 25%. Thus your total taxes is actually about 10% more than your direct taxes you can see on your pay stubs and tax bills from the state, feds and local governments.
my total tax bill is thus about 55% of every dollar my wife and I make.
THAT MRS. CLINTON IS OBSCENE CONFISCATION OF MY MONEY. EXXONS PROFITS ARE MINISCULE AS COMPARED TO THE PERCENTAGE OF MONEY GOVERNMENT ENTITES CONFISCATE FROM ME!
It would be curious if she also is open to let them have money back out of those pots when their profits fall drastically in a few years and help them make up the losses. But then....she lives in a dream world and we don't.
What the Clintons have in common with most of the kind of people for whom they stand as Icons is the fact that neither of them has ever had a real job in their entire lives, but has instead found ways to tie themselves to either Government or Institutions, preferably some melange of BOTH, and milk those "cash cows" for all they are worth.
Their only talent resides in this formerly tiny but now
always-expanding corner of reverse "entrepreneurialism", and it is still primarily a Leftist territory, but that too is changing fast.
The cat is out of the bag. This is only the tip of the iceberg. It won't stop with big oil. Look out Microsoft, you along with any business is on on the line. She will take away all incentive to produce.