Protecting the windfall
In case you were wondering whose side Republicans are on.
HINT: Not yours.
Senate Republicans blocked a proposal Tuesday to tax the windfall profits of the largest oil companies, despite pleas by Democratic leaders to use the measure to address America's anger over $4 a gallon gasoline.The oil companies have people in Congress protecting their interests. Shouldn’t you have someone there protecting yours? To vote for a Republican is to vote against your own interests. And that would be stupid.
The Democratic energy package would have imposed a tax on any "unreasonable" profits of the five largest U.S. oil companies and given the federal government more power to address oil market speculation that the bill's supporters argue has added to the crude oil price surge.
Don‘t be stupid.
Labels: All About the Oil, Compassionate Conservatives, Follow the Money, I Heart Corporations, Politics Before Policy, Rich get Richer, Taxing Logic
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