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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (31307)6/18/2008 1:26:36 PM
From: TideGlider  Respond to of 224749
 
He is reconsidering his drilling and other oil interests due to the national emergency.



To: Kenneth E. Phillipps who wrote (31307)6/18/2008 3:31:03 PM
From: DizzyG  Read Replies (1) | Respond to of 224749
 
But what is the O-man's position, Kenneth?

Oh, here it is...

Obama opposes offshore drilling and defended his proposed tax, saying he believes in a "windfall profits tax . . . to ease the burden of higher energy costs on working families."

"Instead of giving oil executives another way to boost their record profits, I believe we should put in place a windfall-profits tax that will . . . ease the burden of higher energy costs on working families," he said.

nypost.com

Btw, Kenneth, you do know that corporations don't pay taxes don't you? Businesses pass all their income tax costs on to consumers in the form of higher prices. So how does raising taxes on oil companies reduce the price at the pump today?

Let me guess, you are going to reply with another meaningless poll? :) LOL!

The O-man is going down in flames. :)

Diz-