Quote:
Originally Posted by aceventura3
Perhaps more research is needed to determine the impact of the proposed legislation. Oil companies and the oil industry are global, if costs are increased through taxes why wouldn't those costs be passed on to consumers? Is the intent of the legislation to hurt the American consumer especially those on fixed incomes or those with low incomes? Many have this concern.
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Perhaps the increase in costs (some of which must be attributed to inflation though) are EXACTLY the reasons needed to halt the tax breaks that oil companies are getting (which is what these tax increases really are) and aggressively fund alternative fuels.
Reduce the demand for fossil fuels and their costs will fall.
Maybe if they pay their executives a few hundred million dollars less, they might not have to increase their costs to consumers quite so much?
I wish the Democrats were smart/shrewd enough to use the same strategies that were used against them. Some targeted commercials where they flash the annual compensation of oil co executives. Then a few shots of gas pump prices. Then a voiceover tells about how Senator Oilpocket blocked legislation two years ago that would have taken money from said executives and put it into aggressive alternative fuel research.