>
> shempmcgurk wrote:
>
> >--- In [email protected], Bhairitu <noozguru@> wrote:
> >
> >
> >>Here's the Senator Dodd and Senator Dorgan proposal:
> >>http://dodd.senate.gov/index.php?q=node/3336
> >>
> >>
> >
> >
> >
> >
> >
> >
> >
> >
> >No, no, Bhairitu. Don't pawn this off on some newspaper article.
> >
> >YOU came up with a solution. YOU tell us what YOU think the
> >solution should be.
> >
> >Get out your pencil and paper and start figuring it out and start
> >thinking for yourself...
> >
> >
> >
> >
> Why?
Because I was under the impression you knew what you were talking
about.
If you don't why even consider it?
> These guys are better at it than I. Right now I'm listening to
> Ed Schultz on his show talking about a windfall profits tax and he
just
> had a sound clip of a Republican talking about implementing one.
There
> are certainly pros and cons. One thing I *will not* except and I
> suspect you won't either is some kind of gas rationing like we had
back
> in the 70's. I bought a fuel efficient car back in the 70's and
felt
> penalized because of that BS and the 55 mph speed limit (which I
ignored
> most of the time). As I passed people in their big gas guzzling
junkers
> they would waved their five fingers twice for "55." We would just
smile
> and way back or sometime yell at them to get a real car. :)
>
>
>
>
> >
> >
> >
> >
> >>shempmcgurk wrote:
> >>
> >>
> >>
> >>>--- In [email protected], Bhairitu <noozguru@>
wrote:
> >>>
> >>>
> >>>
> >>>
> >>>>shempmcgurk wrote:
> >>>>
> >>>>
> >>>>
> >>>>
> >>>>
> >>>>>--- In [email protected], Bhairitu <noozguru@>
> >>>>>
> >>>>>
> >wrote:
> >
> >
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>>shempmcgurk wrote:
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>>>I love the way people are so angy with the oil companies.
> >>>>>>>
> >>>>>>>I myself think that the oil companies should embark on a
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>campaign
> >>>
> >>>
> >>>
> >>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>of
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>>>purposely gouging consumers.
> >>>>>>>
> >>>>>>>Let the price go up to $7.00 a gallon! Ha-ha!
> >>>>>>>
> >>>>>>>It will only be then that people will start to use less and
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>dump
> >>>
> >>>
> >>>
> >>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>their
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>>>gas-guzzling SUVs.
> >>>>>>>
> >>>>>>>And, most importantly, we can get around to developing
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>alternative
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>>>fuels.
> >>>>>>>
> >>>>>>>Can't do it without the $7.00 a gallon price...
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>I would like to see a windfall profits tax on the oil
> >>>>>>
> >>>>>>
> >companies.
> >
> >
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>Personally, I think a 40% corporate tax rate is windfall
> >>>>>enough...FOR THE GOVERNMENT!!!!!
> >>>>>
> >>>>>Exxon made a profit of $36 billion last year on sales of $328
> >>>>>billion. That's about 11 cents profit on each dollar of
> >>>>>revenue...hardly a "windfall".
> >>>>>
> >>>>>So under which circumstances, Bhairitu, would your windfall
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>profits
> >>>
> >>>
> >>>
> >>>
> >>>>>tax kick in???
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>When the price of oil is above $40 a barrel. It would be a
50%
> >>>>
> >>>>
> >>>>
> >>>>
> >>>tax.
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>Okay, you say a "50% tax" once the price of a barrel is above
$40.
> >>>
> >>>Now, this would be a tax on...what?
> >>>
> >>>Their net profit?
> >>>
> >>>A 50% excise tax on each barrel of oil that an oil company buys?
> >>>
> >>>A 50% tax on each gallon sold at the pump?
> >>>
> >>>Please, a few more details so I can understand your proposal...
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>>There are several proposals and this is one of them.
> >>>>
> >>>>Exxon probably has some very creative accounting too. :)
> >>>>
> >>>>
> >>>>
> >>>>
> >>>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>To subscribe, send a message to:
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> >>>
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> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >>>
> >
> >
> >
> >
> >
> >
> >
> >
> >To subscribe, send a message to:
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> >
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> >
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> >
> >
> >
> >
> >
> >
> >
>
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