It seems that Barry-O and his minions in Congress are up to their old tricks yet again--bait and switch.
Read it all from American Thinker.
Showing posts with label Democrats and high taxes. Show all posts
Showing posts with label Democrats and high taxes. Show all posts
Saturday, July 18, 2009
Thursday, June 25, 2009
ALERT! Act NOW to Stop Cap and Tax!!
Extremist environmentalist nutcase algore is working the phones like crazy to help Obama, Pelosi, and other tax-hungry politicians ram through the ominous cap and trade bill.
ACT NOW to stop it! Call your Senators and Representatives to express your strong disapproval of this bill.
The bill will lead to the loss of an estimated one million U.S. jobs in the midst of a deep recession. It will also mean that every household in America will owe at least $3000 per year extra on their energy costs.
Can you afford that? I can't.
This amounts to nothing more than a tax levied on every American citizen--poor, middle class, and wealthy--in order to line the government coffers and 'stick it' to the oil and natural gas industry...the single largest source of energy for our homes.
Call Washington and tell these money-grubbing thieves NO!
ACT NOW to stop it! Call your Senators and Representatives to express your strong disapproval of this bill.
The bill will lead to the loss of an estimated one million U.S. jobs in the midst of a deep recession. It will also mean that every household in America will owe at least $3000 per year extra on their energy costs.
Can you afford that? I can't.
This amounts to nothing more than a tax levied on every American citizen--poor, middle class, and wealthy--in order to line the government coffers and 'stick it' to the oil and natural gas industry...the single largest source of energy for our homes.
Call Washington and tell these money-grubbing thieves NO!
Friday, March 21, 2008
Democrats Hide the Truth About Big Oil
To hear Barack Obama, Hillary Clinton, Ted Kennedy, John Kerry, Harry Reid, Nancy Pelosi and other Democrats tell it, the big oil companies are the biggest enemies to American society since Hitler decided to bomb Great Britain.
Almost on a daily basis someone in the majority Party can be heard denouncing, demonizing, and denigrating the oil companies, mainly due to high gas prices but also due to the notion that big oil is the supposed biggest contributor to 'global warming,' despite the fact that this year the globe has had the biggest and deepest snow cover in a number of years and the planet has enjoyed the coolest year since 2001.
Hillary Clinton has stated repeatedly that she wants to 'take that money' from the oil companies (that is, rob their profits) for the purpose of starting a government fund to push alternative energy sources. Barack Obama wants blacks and whites to come together to topple the business-industrial complex. Rep. John Dingell (D-Michigan) wants to slap a 50-cents-per-gallon tax increase on gasoline because, well, he wants people to stop driving.
The truth of the matter, however, is that in all likelihood Clinton, Obama, Dingell, Kennedy, Kerry, Reid, Pelosi, and all of the rest of the majority Party probably have invested heavily in 'big oil.'
How do I know this for a fact? Because I know for a fact that a full 40% of Americans are heavily invested in big oil. And the real figure is much higher than that.
If you have mutual funds, stock market funds, or if you have a pension fund, a 401-K, an IRA, or even a bank account, you are invested in the big oil companies because these companies have had the greatest return on investments.
The more money a person has invested in the various financial markets, the more money they have tied up in the big oil companies. And pension funds routinely put that money in stocks that have the biggest return.
Thus, when Hillary Clinton speaks of socking it to the oil companies, she is speaking out of both sides of her mouth. Surely she would not want to give up the profits from her investments, yet she does not want average Americans to know this. She wants to tap in on the misplaced anger many Americans have toward the oil companies.
It is actually big government that is responsible for most of the increases at the pump...at the rate of 7 times the amount the oil companies get in profits.
And, let's face it, Barack Obama is as rich as all get-out. Where do the rich put their money? They invest it in stocks, bonds, mutual funds, etc. Thus, in all likelihood Obama is making a good profit on his investments, part of which are in the oil companies if his broker has any sense at all.
In addition, at present big oil companies are the single biggest source for developing alternative forms of energy that are eco-friendly and that greatly reduce or eliminate our dependence on foreign oil.
These companies do not want to go out of business. They owe it to their millions of stockholders--people just like you and me--to look forward to the future when using oil for energy may not be feasible or prudent.
The oil companies at present are investing billions in developing these alternative sources of energy. It only makes sense. They already have the infrastructure in place to do so, and they have thousands of outlets by the roadside to make these alternative sources readily available.
In this way the oil companies not only protect themselves from going out of business, but they protect our pension plans, stock investments, mutual funds, etc.
Thus, the next time you hear the majority Party lambaste the big oil companies, remember they are engaging in rank demagoguery.
Almost on a daily basis someone in the majority Party can be heard denouncing, demonizing, and denigrating the oil companies, mainly due to high gas prices but also due to the notion that big oil is the supposed biggest contributor to 'global warming,' despite the fact that this year the globe has had the biggest and deepest snow cover in a number of years and the planet has enjoyed the coolest year since 2001.
Hillary Clinton has stated repeatedly that she wants to 'take that money' from the oil companies (that is, rob their profits) for the purpose of starting a government fund to push alternative energy sources. Barack Obama wants blacks and whites to come together to topple the business-industrial complex. Rep. John Dingell (D-Michigan) wants to slap a 50-cents-per-gallon tax increase on gasoline because, well, he wants people to stop driving.
The truth of the matter, however, is that in all likelihood Clinton, Obama, Dingell, Kennedy, Kerry, Reid, Pelosi, and all of the rest of the majority Party probably have invested heavily in 'big oil.'
How do I know this for a fact? Because I know for a fact that a full 40% of Americans are heavily invested in big oil. And the real figure is much higher than that.
If you have mutual funds, stock market funds, or if you have a pension fund, a 401-K, an IRA, or even a bank account, you are invested in the big oil companies because these companies have had the greatest return on investments.
The more money a person has invested in the various financial markets, the more money they have tied up in the big oil companies. And pension funds routinely put that money in stocks that have the biggest return.
Thus, when Hillary Clinton speaks of socking it to the oil companies, she is speaking out of both sides of her mouth. Surely she would not want to give up the profits from her investments, yet she does not want average Americans to know this. She wants to tap in on the misplaced anger many Americans have toward the oil companies.
It is actually big government that is responsible for most of the increases at the pump...at the rate of 7 times the amount the oil companies get in profits.
And, let's face it, Barack Obama is as rich as all get-out. Where do the rich put their money? They invest it in stocks, bonds, mutual funds, etc. Thus, in all likelihood Obama is making a good profit on his investments, part of which are in the oil companies if his broker has any sense at all.
In addition, at present big oil companies are the single biggest source for developing alternative forms of energy that are eco-friendly and that greatly reduce or eliminate our dependence on foreign oil.
These companies do not want to go out of business. They owe it to their millions of stockholders--people just like you and me--to look forward to the future when using oil for energy may not be feasible or prudent.
The oil companies at present are investing billions in developing these alternative sources of energy. It only makes sense. They already have the infrastructure in place to do so, and they have thousands of outlets by the roadside to make these alternative sources readily available.
In this way the oil companies not only protect themselves from going out of business, but they protect our pension plans, stock investments, mutual funds, etc.
Thus, the next time you hear the majority Party lambaste the big oil companies, remember they are engaging in rank demagoguery.
Thursday, March 20, 2008
Congressman Wants 50 Cents Per Gallon Tax Hike
U.S. House Representative John Dingell, D-Michigan, has proposed a 50-cents-per-gallon tax increase on every gallon of gas purchased.
As Americans are increasingly struggling with skyrocketing gas prices at the pump, Dingell would only add to their burden by socking them with a 50-cent increase in the already high rate of taxation the government slaps on gasoline.
Dingell and other liberals subscribe to the view that taxation should be used, in part, to change the behavior of Americans. Cigarette and alcohol taxes, for example, are supposed to discourage consumers from indulging, as if this is ANY business of government.
But in this case, what, exactly, is the massive tax increase on gasoline consumption meant to change, other than grounding drivers? What is their alternative? If the objective is to change behavior, then change it to WHAT? Sit at home rather than drive to work?
At present most Americans have no choice but to utilize the present system of transportation and the means of providing energy to that transportation. Americans love their autos, and at present we have no widespread system in place to provide any energy source except for gasoline.
Many if not most Americans now drive only enough to take care of the necessities of life, such as driving to work, to the grocery store, to church, and to the doctor.
What, exactly, are they going to do when ultra-liberals such as Dingell and most of his Democratic colleagues succeed in making travel by auto difficult if not impossible by pricing gasoline out of the reach of most working Americans?
It is not as if the government isn't already making huge profits off of gasoline. As we have indicated many times on the Liberty Sphere, Americans are already paying roughly 60-70 cents in taxes per gallon of gas (it is now higher than this since gas prices have increased and are taxed on a percentage basis). At this moment, even without the Dingell robbery scheme, the government collects at least 7 times the amount the oil companies make in profits on a gallon of gas.
If Dingell gets his way, many Americans (depending on the area of the country they live) will be paying a whopping $1.20 per gallon in taxes. That means if you have a vehicle that has a 20-gallon tank, when you fill up you will pay TWENTY-FOUR dollars in taxes alone...that's $24.00 per tank each time you fill up.
You will pay only eight dollars ($8.00) to profit the oil companies.
Thus, when you fill up with 20 gallons at a cost of $3.00 per gallon, you will pay a total of $60.00. Out of that 60 dollars you will pay 24 bucks in taxes. Out of that 60 dollars, 8 dollars will go to the oil companies.
Without the unreasonable taxes on gasoline, your bill at the pump for 20 gallons, even at 3 bucks per gallon would only be $36.00--THIRTY-SIX BUCKS for a full tank of gas at the 'whopping' price of 3 dollars per gallon.
Thus, my friends, if there were ever any doubt as to who is the real culprit that places such burdens on the backs of citizens, look no further than your government.
As Americans are increasingly struggling with skyrocketing gas prices at the pump, Dingell would only add to their burden by socking them with a 50-cent increase in the already high rate of taxation the government slaps on gasoline.
Dingell and other liberals subscribe to the view that taxation should be used, in part, to change the behavior of Americans. Cigarette and alcohol taxes, for example, are supposed to discourage consumers from indulging, as if this is ANY business of government.
But in this case, what, exactly, is the massive tax increase on gasoline consumption meant to change, other than grounding drivers? What is their alternative? If the objective is to change behavior, then change it to WHAT? Sit at home rather than drive to work?
At present most Americans have no choice but to utilize the present system of transportation and the means of providing energy to that transportation. Americans love their autos, and at present we have no widespread system in place to provide any energy source except for gasoline.
Many if not most Americans now drive only enough to take care of the necessities of life, such as driving to work, to the grocery store, to church, and to the doctor.
What, exactly, are they going to do when ultra-liberals such as Dingell and most of his Democratic colleagues succeed in making travel by auto difficult if not impossible by pricing gasoline out of the reach of most working Americans?
It is not as if the government isn't already making huge profits off of gasoline. As we have indicated many times on the Liberty Sphere, Americans are already paying roughly 60-70 cents in taxes per gallon of gas (it is now higher than this since gas prices have increased and are taxed on a percentage basis). At this moment, even without the Dingell robbery scheme, the government collects at least 7 times the amount the oil companies make in profits on a gallon of gas.
If Dingell gets his way, many Americans (depending on the area of the country they live) will be paying a whopping $1.20 per gallon in taxes. That means if you have a vehicle that has a 20-gallon tank, when you fill up you will pay TWENTY-FOUR dollars in taxes alone...that's $24.00 per tank each time you fill up.
You will pay only eight dollars ($8.00) to profit the oil companies.
Thus, when you fill up with 20 gallons at a cost of $3.00 per gallon, you will pay a total of $60.00. Out of that 60 dollars you will pay 24 bucks in taxes. Out of that 60 dollars, 8 dollars will go to the oil companies.
Without the unreasonable taxes on gasoline, your bill at the pump for 20 gallons, even at 3 bucks per gallon would only be $36.00--THIRTY-SIX BUCKS for a full tank of gas at the 'whopping' price of 3 dollars per gallon.
Thus, my friends, if there were ever any doubt as to who is the real culprit that places such burdens on the backs of citizens, look no further than your government.
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