Quote:
Originally Posted by spence
A windfall profit tax is perhaps one of the Dem's more stupid ideas as it's only going to drive gas prices even higher.
-spence
|
I agree. If the govt. takes a windfall tax the oil companies will raise prices to make up for it.
The oil companies make approx. 4%/gal and the govt gets 15%/gal, as is.
Let's face it, the higher the price/gal the more $$ the govt. takes in.
The govt. would rather take in 60 cents/gal. at $4.00/gal, than 30 ct. at $2.00/gal.
They got a win /win situation going on us here.