Close Big Oil Tax Loopholes Act

Discussion in 'Politics' started by JBeukema, May 19, 2011.

?

S.940?

  1. Yea

    28.6%
  2. Lean Yea

    14.3%
  3. Lean Nay

    14.3%
  4. Nay

    42.9%
  5. Don't Know/Undecided

    0 vote(s)
    0.0%
  1. JBeukema
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    JBeukema BANNED

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    Bill Text - 112th Congress (2011-2012) - THOMAS (Library of Congress)
    Would you have voted for it?

    Did your 'representatives'?
     
  2. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    Oh this is a tough one.

    I don't like the tax loopholes/breaks for a company making billions but at the same time I dont want to pay even more per gallon of gas.

    This bill will make gas prices go up because the oil companies will continue to make the same profit margin no matter what their operating expense and we, as a country, have no choice but to buy their product or else our economy stops.

    Honestly I'd need a few hours to really sit down and read the old code and then re-read it with the changes and really weigh it out.
     
  3. JWBooth
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    JWBooth Gold Member

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    Whittle down the size of government and the revenue sought by this bill becomes irrelevant.

    The only time folks get excited about the evil oil companies and all that money they are rolling around in is when the government/federal reserve go on a big printing spree. As the value of the dollar collapses, the price at the pump increases. Oil, and its by product gasoline, are the one commodity whose cost to the consumer is readily apparent.
     
  4. Quantum Windbag
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    Quantum Windbag Gold Member

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    I would never vote for anything that I thought was unconstitutional, and my representative never got a chance to vote for it because it originated in the Senate, making it, by default, unconstitutional.
     
  5. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    wait this originated in the senate? WTF is going on in this country...presidents starting wars without congressional approval, senate introducing bills, executive branch creating laws through govt orgs like the EPA......WTF

    People really need to read the federalist papers and the constitution again, or for the first time!
     

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