WINDFALL PROFITS TAX FOR BIG OIL?
Fuck that.......
For more than a decade, oil companies weren't makin' any money 'cause the price of the oil was too low.....the world decried them then for not spending any money on new exploration, maintaining refineries, and the like.......they didn't have the money.....
Now, for the last couple of years, global demand has allowed them to make a reasonable profit.....they're pouring money into new exploration and not only upgrading but expanding refineries........
But now, you get loudmouths like that Schumer fella outa New Yawk saying that the oil companies oughta be charged a windfall profits tax......gotta love election-year politics.....this is a guy, I'm sure, who has benefitted disproportionately from the Bush tax cuts, although he'd ever admit it......or any of those other asshole legislators who have a lot more money & perks than you or I could ever hope to have........
The three largest oil companies....Exxon Mobil, Chevron, & ConocoPhillips....made a profit of 8.19 percent.......Shit, I'd be willing to bet that Schumer made a better profit than that on all the money he has in "blind" trusts......
On the other hand, the three largest Internet bellwethers......Google, Yahoo, and eBay.......made a profit of 19.2%......more than double that of the oil companies......
Who oughta be taxed for windfall profits?
For more than a decade, oil companies weren't makin' any money 'cause the price of the oil was too low.....the world decried them then for not spending any money on new exploration, maintaining refineries, and the like.......they didn't have the money.....
Now, for the last couple of years, global demand has allowed them to make a reasonable profit.....they're pouring money into new exploration and not only upgrading but expanding refineries........
But now, you get loudmouths like that Schumer fella outa New Yawk saying that the oil companies oughta be charged a windfall profits tax......gotta love election-year politics.....this is a guy, I'm sure, who has benefitted disproportionately from the Bush tax cuts, although he'd ever admit it......or any of those other asshole legislators who have a lot more money & perks than you or I could ever hope to have........
The three largest oil companies....Exxon Mobil, Chevron, & ConocoPhillips....made a profit of 8.19 percent.......Shit, I'd be willing to bet that Schumer made a better profit than that on all the money he has in "blind" trusts......
On the other hand, the three largest Internet bellwethers......Google, Yahoo, and eBay.......made a profit of 19.2%......more than double that of the oil companies......
Who oughta be taxed for windfall profits?