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Biden Administration Considering Proposal to Tax Oil, Gas Windfall Profits
Epoch Times ^
| 6-3-22
| Bryan Jung
Posted on 06/03/2022 7:15:58 AM PDT by dynachrome
click here to read article
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Increasing taxes will bring the price down and subsidies won't add to inflation, right?
To: dynachrome
And the socialism continues until you get.....
Venezuela
To: dynachrome
3
posted on
06/03/2022 7:18:59 AM PDT
by
Magnum44
(...against all enemies, foreign and domestic... )
To: dynachrome
Hmmmm… the old axiom is “if you want LESS of something, TAX IT”.
4
posted on
06/03/2022 7:19:20 AM PDT
by
House Atreides
(I’m now ULTRA-MAGA-PRO-MAX!)
To: dynachrome
The war on oil just went to Defcon 4.
5
posted on
06/03/2022 7:19:48 AM PDT
by
bray
(The Vax is fake and deadly)
To: dynachrome
retroactive tax increase? Aren’t going to be any future profits so what is the point?
6
posted on
06/03/2022 7:20:06 AM PDT
by
PeterPrinciple
(Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
To: dynachrome
Jimmy Carter did this, how did that work for him?
7
posted on
06/03/2022 7:20:16 AM PDT
by
brownsfan
(It's going to take real, serious, hard times to wake the American public.)
To: dynachrome
“We are very much open to any proposal that would provide relief to consumers at the pump,” said Ramamurti.
Liar!
8
posted on
06/03/2022 7:20:40 AM PDT
by
READINABLUESTATE
(It would be better to live under robber barons than under omnipotent moral busybodies.)
To: dynachrome
We are very much open to any proposal that would provide relief to consumers at the pump,” said Ramamurti.
except.............................
9
posted on
06/03/2022 7:21:05 AM PDT
by
PeterPrinciple
(Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
To: dynachrome
Commies hate profits that don’t go into their pockets.
10
posted on
06/03/2022 7:21:12 AM PDT
by
E. Pluribus Unum
(Contempt for pre-born human life breeds contempt for post-born human life.)
To: dynachrome
The Biden Administration? Who the hell is running this insane asylum?
To: dynachrome
I suppose I should probably buy a 500 gallon gas tank, this guy is heading us into a crisis.
12
posted on
06/03/2022 7:22:28 AM PDT
by
1Old Pro
To: dynachrome
Worse, a windfall profit tax would be yet another signal to US oil companies that they should not invest in new exploration or production.
This would result in Saudi Aramco being the only remaining oil major in several decades. But don’t worry, I’m sure with a global monopoly Aramco will be motivated to act in our best interest.
To: dynachrome
Windfall profits like Pelosi’s drunken husband buying rubles at their crash or his/her general insider trading?
14
posted on
06/03/2022 7:25:01 AM PDT
by
Vision
(Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
To: dynachrome
“We are very much open to any proposal that would provide relief to consumers at the pump,” said Ramamurti.Except drilling and refining.
...tax oil and gas windfall profits to provide a gas subsidy for American consumers struggling with high energy prices
Just take 100% of all profits at all companies and send it back to consumers struggling with high costs of everything. After paying The Big Guy his cut (and the thousands of other parasitic hangers-on in Washington), of course. Won't life be grand?
15
posted on
06/03/2022 7:25:07 AM PDT
by
ProtectOurFreedom
(Wanting to make America great isn’t an insult unless you’re trying to make it worse! ULTRAMAGA!!)
To: dynachrome
> to provide a subsidy or tax rebate to households <
There ya go. Checks will arrive maybe a week or two before the November elections. What a coincidence that will be.
Fortunately the Republicans in the Senate will block this effort. I kid, of course. The GOP will roll over, once again.
16
posted on
06/03/2022 7:25:18 AM PDT
by
Leaning Right
(The steal is real.)
To: dynachrome
All of the Oil and Gas companies should immediately HALT All sales and Deliveries to any locale within 200 Miles of DC
17
posted on
06/03/2022 7:25:30 AM PDT
by
eyeamok
(founded in cynicism, wrapped in sarcasm)
To: dynachrome
The companies will just pass the cost on to the consumer.
They won’t eat the loss..
18
posted on
06/03/2022 7:25:38 AM PDT
by
metmom
(...fixing our eyes on Jesus, the Author and Perfecter of our faith…..)
To: metmom
Businesses don’t pay taxes.
They collect them.
L
19
posted on
06/03/2022 7:27:43 AM PDT
by
Lurker
(Peaceful coexistence with the Left is not possible. Stop pretending that it islam )
To: PeterPrinciple
We are very much open to any proposal that would provide relief to consumers at the pump,” said Ramamurti.
except.............................
20
posted on
06/03/2022 7:28:04 AM PDT
by
HombreSecreto
(The life of a repo man is always intense)
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