We'll see how they do with Obama...
Progressives are so perverse in their thinking... Punish success and reward incompetence.
You should toss out everything you own that was created through the use of petroleum products... be naked and homeless for all I care but don't use the power of government to drag me down with you.
lately I've been noticing gas prices creeping up again. Of course, as we get closer to midterms, I expect Big Oil to attempt to influence the election.
Prices will not just creep...
Now that gasoline prices have again fallen to around $2 a gallon in the United States, many analysts believe the recent drop in oil demand could be reversed. Some experts suggest that the best way to avoid this is for the government to adopt a minimum tax on gasoline that would prevent prices from dropping below a certain level — say $2.50 or $3 a gallon.
New York Obama Times
Raising taxes on the consumer is bad for politicians in the polls though...
WASHINGTON (Reuters) - The U.S. Transportation Secretary, in an acrimonious exchange at a Senate hearing on Wednesday, pledged not to raise the federal gasoline tax, the funding source for repairing America's roads and bridges.
"This administration -- in these hard economic times, with so many people out of work -- can ill afford to tell people we're going to raise the gasoline tax," Secretary Ray LaHood said after Sen. George Voinovich, a Republican from Ohio, suggested raising the tax to fund highway repairs.
LaHood's declaration signaled that
the Obama administration will take the same stance as former President George W. Bush.
So they come out and pretend like they aren't raising taxes on you, the consumer, and choose instead the insanely popular idea of raising taxes on big bad oil companies. These of course are nothing but indirect taxes still paid for by the consumer...
Here are some of the tax increases that "Big Oil" sees coming,
By way of ending "loopholes" for big oil,
By raising taxes on oil companies themselves,
And introducing the "Cap-N-Trade" system,
All taxes on consumers... yet the lemmings parrot the talking points about how Obama and the Democrats are lowering
their taxes. For every penny their direct taxes get "lowered", the indirect taxes will cost them nearly a dime but because of ignorance and deceit, these idiots cheer the "Change" as a welcomed departure from the "failed Bush policies" of tax cuts for the wealthy.
Glossary of terms used,
Direct Tax: A tax placed on the consumer that cannot be passed on to others.
Indirect Tax: A tax that increases the price of a good so that consumers are actually paying the tax by paying more for the products.
Its because people are so incredibly ignorant and covetous that government can raise taxes on the "Wealthy", such as "Big Oil", and be cheered for it when the reality is, its a tax on anyone who uses the product, service or its derivatives.