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| Topic: Suspension of gas tax | |
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Looks like Hillary has the best idea on this one. Hillary wants the oil companies to pay the tax. With record profits I don't think the oil companies will complain too much. Obama says it will only save the average consumer a half a tank of gas and cost jobs. Looks to me like he is out of touch on this one - everything the average consumer buys has that tax included as part of the cost. Items that include milk, bread, and cereal.
And as far as costing jobs if small businesses don't get some help a lot of jobs might disappear anyway. |
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Are you serious? What do you think happens when the oil companies are forced into higher taxes? You think they're gonna sit there and take it? They pass it on to the consumer, my friend. Taxing a business to improve the economy is never a good idea. Hillary is pandering to the public. She's fishing for votes with a (very bad) idea that will never see the light of day. She knows it. People like you are buying it. Sad. 
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Don't think you are quite right my friend. The oil companies need a little good publicity right now in view of the record profits. This could prevent further tax legislation on them from congress.
And the short term relief just might keep many small businesses from failing. Sad that you only see the half of tank of gas savings like Obama!!! |
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The ONLY time the oil companies care about "good publicity" is when they spill the stuff into the ocean. They're making billions and laugh at the idea of a "tax increase".
You can shoot B.B.'s at a train, but she'll smile and keep coming at you.... Think about what you said. "Short term". And THEN what happens? Exactly. |
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any time you add another tax on any company you think they end up paying it?
hell no it gets passed on the consumer in HIGHER PRICES!!!!! |
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Suspension of gas taxes is a band aid fix. Not even a fix really because it will do NOTHING to lower the price of gas.
How about starting some legislation to support the development of more nuclear power plants? What about getting rid of the stupid congressional stranglehold one our natural resources in ANWR and the outer continental shelf? What about overturning the mandate that %25 of our corn crop be turned into a stupid biofuel. What do you think that does to food prices? Energy reform should START with building more nuclear power plants and drilling for oil in Alaska and off of Cali, Fla, and in the gulf that has been stymied for 25 year by the libs. Once up and running the millions of barrels of oil that would be produced DAILY could ELIMINATE the need of imported oil for 5 years. That should give us some time to develop some new energy source. Maybe cellular. |
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Actually, the economists I've been reading say they don't thinkg the consumer will see the 18 cent price cut. They think the individual store owners will take the opportunity to increase their profit a bit.
You want to know why every gas station has turned into a store as well, the shop owners only make about a penny or two on a gallon of gas. For the gas station owner, there is no profit in selling gas. ALL the profit goes to the oil company. They also predict that the parent companies that control the chains and franchises will also keep part of that as well. So we would probably see less that half of that savings. Overall, it will be so insignificant on the average consumer's pocketbook that really just boils down to a publicity stunt for the politicians and a profit opportunity for station owners and oil companies. |
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This situation is so convoluted I can't fathom how to handle it. I know this from loan experience, though, but I don't know about the profit margin these days with these prices. But, a store that resells gasoline used to do so at a 50% profit margin. They's buy it, for example, at $1 per gallon, sell to public for $2. Any excuse to make more would likely occur and screw up the best laid plans of a politician or government. Look what's happening with the corn/wheat/rice situation. It seems no one is seriously pursuing the risk management along with their ideas to help the economy.
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We could also ask what is the price of the government tax on a gallon of gas. I thinks it's $.52 a gallon now. That is ridiculous. The tax shouldn't be as high as it is now in the first place.
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oil cos. are publicly traded companies.......
i am the public.... it would hurt my portfolio... corps. don't pay taxes....consumers do.... leave my investment returns alone |
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Don't think you are quite right my friend. The oil companies need a little good publicity right now in view of the record profits. This could prevent further tax legislation on them from congress. No they don,t. What are you gonna do? Boycott oil? Good luck getting to work. |
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there are two ways to combat high gas prices. 1. We need more oil available to the public (supply and demand). 2. We need an alternative source of fuel. Ethanol is the most retarded idea that i have ever heard of. Notice how this is the one of the FEW real methods being used? What really sucks is that we have the technology. The government merely turns a blind eye when the oil companies take that technology and destroy it. The oil industry is an oligopoly. We just need to level the playing field a bit. The problem won't be solved through taxes, whether it's raising or lowering them. It's just a very temporary fix.
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there are two ways to combat high gas prices. 1. We need more oil available to the public (supply and demand). 2. We need an alternative source of fuel. Ethanol is the most retarded idea that i have ever heard of. Notice how this is the one of the FEW real methods being used? What really sucks is that we have the technology. The government merely turns a blind eye when the oil companies take that technology and destroy it. The oil industry is an oligopoly. We just need to level the playing field a bit. The problem won't be solved through taxes, whether it's raising or lowering them. It's just a very temporary fix. Yes thats true. The oil companies usually buy the patents from people and then just never do anything with them. I am thinking that we have to improve fuel cell technology if we are ever gonna get off oil. Electricity is the way to go, we just have to find a way to make if feasible. |
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they should regulate the oil companies
as they did the coal and utility companies when they let their creed over take the good for the nation read the history granted price of crude is up but the rise in the crude price does not justify raising the profit margin and endangering the economic survival of the country |
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adjusted for inflation oil is cheaper than in 1979, 1980, 1981,and 1982.....
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adjusted for inflation
how does the average wage work out and the cost of being able to make that wage |
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depends on your field of employment....
some are up...way up others no.... most wage data lags 2 years behind..... '06 numbers elementary school teachers vs. inflation down 11% motorcycle mechanics..... up 13% |
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Suspension of gas taxes is a band aid fix. Not even a fix really because it will do NOTHING to lower the price of gas. How about starting some legislation to support the development of more nuclear power plants? What about getting rid of the stupid congressional stranglehold one our natural resources in ANWR and the outer continental shelf? What about overturning the mandate that %25 of our corn crop be turned into a stupid biofuel. What do you think that does to food prices? Energy reform should START with building more nuclear power plants and drilling for oil in Alaska and off of Cali, Fla, and in the gulf that has been stymied for 25 year by the libs. Once up and running the millions of barrels of oil that would be produced DAILY could ELIMINATE the need of imported oil for 5 years. That should give us some time to develop some new energy source. Maybe cellular. What about building more windmill farms, and producing more electricity via water plants, and then dwitching everythign over to electric? Then we have no need for gas. |
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there are two ways to combat high gas prices. 1. We need more oil available to the public (supply and demand). 2. We need an alternative source of fuel. Ethanol is the most retarded idea that i have ever heard of. Notice how this is the one of the FEW real methods being used? What really sucks is that we have the technology. The government merely turns a blind eye when the oil companies take that technology and destroy it. The oil industry is an oligopoly. We just need to level the playing field a bit. The problem won't be solved through taxes, whether it's raising or lowering them. It's just a very temporary fix. Yes thats true. The oil companies usually buy the patents from people and then just never do anything with them. I am thinking that we have to improve fuel cell technology if we are ever gonna get off oil. Electricity is the way to go, we just have to find a way to make if feasible. windmills and water plants. |
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to bad no one could invent a car that ran on farts.everyone farts and the sale of beans and broccoli would double.
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