Cheap Gas? Let's Raise Oul Taxes!!!!
shailynn
They never tell you what you need to know.
Anytime the US gets a break (cheap gas, first time in almost 8 years). The federal government jumps in to fuck everyone over again.
Check out this article from USA TODAY:
Obama's $10 oil tax proposal would cost motorists
http://usat.ly/1T0R7Dk
I understand money has to come from somewhere but they are estimating close to $3.00 more per fill up for a small size car (15 gallons)?
Check out this article from USA TODAY:
Obama's $10 oil tax proposal would cost motorists
http://usat.ly/1T0R7Dk
I understand money has to come from somewhere but they are estimating close to $3.00 more per fill up for a small size car (15 gallons)?
Got something to say?
Start your own discussion
22 comments
"I understand money has to come from somewhere..."
Apparently you've not been paying attention. No it doesn't. "We'll" pile it on the nearly $20,000,000,000,000, that's TRILLION in dept we already have. About 8 when obama took over.
http://www.usdebtclock.org/
The only thing this money would go towards is Obama's pet green projects. I wouldn't mind a gas tax as much if it went to improve roads in all states but local states already tax gas for state roads. This would be a tax on everyone to benefit a few, the hallmark of Obama's agendas I believe. The bill will be smashed by the Republicans in the House. I think I'm talking to the choir here though.
So as paying down the deficit, or at least slowing its growth, is good...
The idea that the federal gov't should use taxation and spending, and even some deficit spending, to keep the economy on course is well established, ever since Herbert Hoover was voted out of office.
https://en.wikipedia.org/wiki/John_Mayna…
It worked extremely well, giving the United States its greatest economic decades. But then people elected Ronald Reagan and ever since we've had boom and bust and the rich getting richer and the poor getting poorer until many people have zero future and the fed deficit has reached epic proportions.
SJG
I used to think the same thing about gun control laws. Apparently I was wrong.
And even though I am a White Male, I still don't go along with the political right.
We used to think the issue was when the hydrocarbon fuels would run out. Now we see that before this happens, we have to deal with the effects of all the CO2 in the atmosphere.
Most of the paid jobs that people do are not worth the scarce resources they consume or the environmental damage they do when driving their cars to work.
We need to make some deep structural changes. Unfortunately no one running for President is talking about going this far, not even Bernie Sanders.
SJG
If it is some sort of a fee, like assigned by the Environmental Protection Agency, or some other Executive Branch agency, then the President probably can change it all by himself, as the agency is already authorized by congress.
SJG
Bernie himself makes no pretense: he will raise taxes. He says it all the time. He knows his programs require money and it's his opinion it's worth it. We'll see how much of America agrees.
As for Obama, the DEBT is not the DEFICIT. The debt is hugher due to the improved economy (bigger economies have more debt) but the DEFICIT is actually lower. First president since Clinton who can say that.
A similar example could be Bernie promising free lap dances for every customer but he tells us all that he will raise taxes on everyone making more than $100k a year to pay for it all and then a bunch of us guys say, oh hell yeah, free lap dances. We can then smile and say, we know it's not free. Everyone who makes a lot more than me will pay more.
I disagree with Obama's proposal to raise taxes on oil companies when it could put thousands of Americans out of jobs and out of business. However to Obama, it makes perfect sense. An income tax increase in the richest Americans would be more progressive and fair in my opinion. An oil tax would raise the price of gasoline, food, and everything that uses oil and plastic in the manufacturing process but only if American producers were involved. Outsourcing supplies from overseas becomes cheaper resulting in an additional possible loss of American jobs. It also might help Saudi Arabia help put some US oil producers out of business which might be Obama's hope. However I believe he supports the Muslim brotherhood which is a group not aligned with Saudi Arabia but more so with Iran and Iraq so there may not be much merit to this conspiracy angle.
If we pay more gas tax, I want it to go towards improving our roads to help all the people, not just pay for one of Obama's green projects. 20 trillion in debt and proposing new spending plans.
Of course he's going to get raucous cheers when talks about free college tuition, free medical care, a guaranteed income level, a new X-box, a new car, free pizza...lol
The money the government spends comes from the recirculation and retaxation on the money it had already spent.
The government spends money in payrole, procurement, and direct social program benefits ( welfare ). Then the money circulates and circulates, and usually it works its way up the economic hierarchy, where taxes start to get heavier. So government expenditure is what keeps the middle sector of the jobs market afloat. Without that expenditure, mid level wages would collapse as we became just like most of the other societies that have existed, the very rich and the starvation wages poor.
So the issue then is how big should this public sector be. The guy who figured all of this out was John Maynard Keynes.
https://en.wikipedia.org/wiki/John_Mayna…
SJG
Best of Woody Guthrie
https://www.youtube.com/watch?v=tXQYbhL0…