Why do they think putting a ginormous tax on the oil companies (which is what taking away the subsidy real is) will low gas prices? Are they fucking nutz?
Maybe the subsidy is unfair when your talking about an trillion dollar industry I will give you that, but if the Democrats knew anything they would know gas/oil is inelastic to price! Meaning whether gas costs $1 a gallon or $10 a gallon, people will still drive and buy gas. Therefore if we hit the oil companies with a large tax they won't just take it and say thank you sir may I have another. Rather they push cost onto US, the consumer, the driver!
How can Harry Reid stay with a straight face that taxing the oil comes and raising gas prices even higher is a move to protect the little man! He is not for the little man! He is the little man's worst enemy. I love when liberals talk about the evil corporations. Yet they ignore the fact that corporations and big small business (ones that employee 100-500 employees) employee the vast VAST majority of Americans.
Maybe the subsidy is unfair when your talking about an trillion dollar industry I will give you that, but if the Democrats knew anything they would know gas/oil is inelastic to price! Meaning whether gas costs $1 a gallon or $10 a gallon, people will still drive and buy gas. Therefore if we hit the oil companies with a large tax they won't just take it and say thank you sir may I have another. Rather they push cost onto US, the consumer, the driver!
How can Harry Reid stay with a straight face that taxing the oil comes and raising gas prices even higher is a move to protect the little man! He is not for the little man! He is the little man's worst enemy. I love when liberals talk about the evil corporations. Yet they ignore the fact that corporations and big small business (ones that employee 100-500 employees) employee the vast VAST majority of Americans.