> On May 16, 10:48 pm, The Trucker verizon.net> wrote:
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>> In a tread entitled "BEFORE Trying To Simply Hike the Fuel Tax . . ."Day Brown hughes.net> wrote:

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>> ******************
>> Now, in this case, I dont blame the oil outfits for not looking for new
>> sources of alternative energy. They know how to make money off oil, and
>> are not keen on some new technology to compete with it. Very well. Tax
>> the bastards to motivate them. Profits are positive re-inforcement,
>> taxes are negative re-inforcement. They both work.
>> **********************

>

>> The Taxation of oil company profits is in fact a tax on rent that will not
>> be passed to consumers.  If the oil companies could get higher prices they
>> would already be doing it.  And so long as the proceeds of the tax are
>> disbursed to the general public it won't make any difference anyway. So a
>> 100%% surtax on oil company profits in excess of X simply redistributed as
>> a quarterly "stimulus" in the same form as the present "stimulus" will do
>> very nicely. As oil prices increase driving profits above X then the oil
>> companies get the wrench. That is some serious motivation to help in the
>> effort to reduce the prices.

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>> As the definition of X can become quite complicated, it is better to
>> simply apply a lower tax rate to the entire profit. Say 50%% so long as
>> oil prices remain above $80 per barrel.

>

>> --
>> "I know no safe depository of the ultimate powers
>> of society but the people themselves; and
>> if we think them not enlightened enough to
>> exercise their control with a wholesome
>> discretion, the remedy is not to take it from
>> them, but to inform their discretion by
>> education." - Thomas Jeffersonhttp://GreaterVoice.org/extend

>
> You sit on your fungus covered white ass tapping away on the library
> PC thinking you've cut a fat hog in the ass. Truth is, you fucking
> idiots are going to do the same thing as Carter. The oil companies
> will stop exploring, drilling and producing if Piglosi and "ears" are
> gonna just punish them. Look for gasoline shortages, rationing, long
> lines at the stations and best of all hundreds of thousands of oil
> related jobs being lost. Sit there and cackle now because you think
> the oil ompanies are about to take a beating but you may be laughing
> out the other side of your toothless, drooling mouth this time next
> year. Idiot.