Comments on: Republican Senators Once Again Choose Big Oil Over You.

By: david

david — Thu, 12 Jun 2008 20:26:19 +0000

Rocket – then why do we give the oil companies 15 billion a year in tax breaks?

By: david

david — Wed, 11 Jun 2008 22:03:49 +0000

I agree in theory Adam – but until the govt gets out of our private lives, I assume that they want to be involved with everything. If they want to choose what a woman can do with her body, or who can marry who, then they can decide to tax the oil companies to their hearts’ consent.

By: rocketc

rocketc — Wed, 11 Jun 2008 22:02:22 +0000

The average profit margin for an oil company is 5 to 7%. The average tax rate for a gallon of gasoline is around 15%. Who is making the windfall profit?

By: adam

adam — Wed, 11 Jun 2008 21:20:15 +0000

David. well put. they can’t have it both ways.
however, instead of only choosing one, lets give them neither. no tax subsidies and no digging into their profits. Let them work like any other business. Our governements problem (well, one of them) is that we’re getting too involved in way too many areas. America was founded on the ideas that a people’s government should get out of the way and allow the people to decide their fate. True, there are some things the governement must do on a regulatory basis and there are those that need assitance for certain things. But, there are many things where the government would do well to simply stay uninvolved.