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Politics : Politics for Pros- moderated
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To: Maurice Winn who wrote (141305)10/1/2005 4:23:23 PM
From: DMaA  Read Replies (1) of 793838
 
On interesting idea I saw was a sliding tax in imported oil. Sliding with the world price to keep it a constant $60/$70/$80/you pickit/barrel. High enough so people will make the investments in alternative sources and constant so people can make rational future plans.

The beauty of it is that the Saudi's would be powerless to ruin these investments by opening the spigots.

I would insist any additional revenue be offset by tax cuts elsewhere. We could have a annual "screw the Saudi's" income tax rebate.
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