>--- In [email protected], Bhairitu <[EMAIL PROTECTED]> wrote:
>
>
>>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?
>
>
Well since you think I'm a tax bill writer let's keep it really simple
so even you can understand it. We'll tax ALL oil company profits on
oil at 50% when it is over $40 a barrel. No if, ands, or buts. Happy?
>
>
>
>
>> 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. :)
>>>>>>
>>>>>>
>>>>>>
>>>>>>
>>>>>>
>>>>>>
>>>>>>
>>>>>
>>>>>
>>>>>
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>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>To subscribe, send a message to:
>>>[EMAIL PROTECTED]
>>>
>>>Or go to:
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>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>
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