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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: PROLIFE who wrote (728849)3/2/2006 11:08:22 PM
From: Karen Lawrence  Read Replies (2) | Respond to of 769670
 
Why, they're not getting windfall profits while simultaneously paying no taxes...Windfall profits tax would generate $23 billion

If we were to tax just 40 percent of that excess profit, it would generate $23 billion in tax revenue. This is about 1 percent of our federal budget and could do quite a bit more than provide discounted heating oil to those who are hard-hit by price increases this winter.