Back to the Obama and the oil company issue. Clinton and McCain are calling for a gas tax suspension. Obama doesn't like the idea....
Quote:
Hillary Rodham Clinton called for a vote Friday in the Democratic-controlled Congress on a summertime suspension of the federal gasoline tax, a plan that Barack Obama dismissed as a political stunt that would cost thousands of construction jobs.
"It's a Shell game. Literally," Obama said to laughter from his campaign audience, adding it would mean little for hard-pressed consumers.
|
When the gas taxes or about 3 times what the oil companies make on a gallon of gas, I am amused that he wants a windfall profits tax when oil companies make about 8-9 cents/gallon, and the government takes about three times that. If taking away that tax means little or nothing to the average consumer, what does the wind fall profits tax mean to the average consumer?