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In reply to the discussion: I just got my fuel oil bill. [View all]bigtree
(94,689 posts)33. always interesting when folks come on here with access to what Dems are doing
...warning that Dems should do something, without bothering to find out what they're actually doing and promote that.
80 Percent of Voters Support Taxing Big Oils Windfall Profits, Poll Finds
Democrats have pinned high prices directly on oil and gas companies looking to profit off of international conflict and pandemic-related economic uncertainty. Progressive lawmakers like Rep. Alexandria Ocasio-Cortez (D-New York) have called for accountability for the industry. [T]here should be consequences for oil company profiteering, Ocasio-Cortez tweeted last week.
Earlier this month, Rep. Ro Khanna (D-California) and Sen. Sheldon Whitehouse (D-Rhode Island) introduced a bill that would tax barrels imported or produced by large oil companies based on the difference between current prices and average pre-pandemic prices. Revenue collected from the tax would be redistributed directly to the public, with checks totalling about $240 a year for individuals making less than $75,000 in income.
Rep. Peter DeFazio (D-Oregon) introduced similar legislation last week, which would directly target taxable income from this year that exceeds pre-pandemic profits. The bill would also give consumers a a tax credit based on that tax.
https://truthout.org/articles/80-percent-of-voters-support-taxing-big-oils-windfall-profits-poll-finds/
Democrats have pinned high prices directly on oil and gas companies looking to profit off of international conflict and pandemic-related economic uncertainty. Progressive lawmakers like Rep. Alexandria Ocasio-Cortez (D-New York) have called for accountability for the industry. [T]here should be consequences for oil company profiteering, Ocasio-Cortez tweeted last week.
Earlier this month, Rep. Ro Khanna (D-California) and Sen. Sheldon Whitehouse (D-Rhode Island) introduced a bill that would tax barrels imported or produced by large oil companies based on the difference between current prices and average pre-pandemic prices. Revenue collected from the tax would be redistributed directly to the public, with checks totalling about $240 a year for individuals making less than $75,000 in income.
Rep. Peter DeFazio (D-Oregon) introduced similar legislation last week, which would directly target taxable income from this year that exceeds pre-pandemic profits. The bill would also give consumers a a tax credit based on that tax.
https://truthout.org/articles/80-percent-of-voters-support-taxing-big-oils-windfall-profits-poll-finds/
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The Democratic politicians need to be more vocal about the free market capitalists
Emile
Mar 2022
#7
Wage growth is meaningless for those who are retired, on fixed incomes, or didn't see a pay increase
MichMan
Mar 2022
#9
Many people working have the option to work more hours or pick up some overtime in any given week.
MichMan
Mar 2022
#52
Neither wage growth or inflation are standard amounts that apply equally to everyone
MichMan
Mar 2022
#55
Some of the financial gurus say a recession is on the way too because of the Fed raising
doc03
Mar 2022
#12
Tell someone with a fixed income inflation doesn't matter. I am retired it doesn't matter to me if
doc03
Mar 2022
#20
Didn't I just say SS got a 5.9% raise and inflation is 7%? My company pension which
doc03
Mar 2022
#25
Tell me where you can get even 1% interest in on any CD, savings account, MM account or
doc03
Mar 2022
#27
I know it is a big expense but I switched from fuel oil to an electric heat pump 20 years ago.
doc03
Mar 2022
#11
Propane to ground loops heat pump here in Iowa Yearly average electric/mo $112-$129
IA8IT
Mar 2022
#16
When I was working full time I had to take a second gig telemarketing at Xmas time.
CTyankee
Mar 2022
#60
I was replying to a post that stated people always earn the same amount every single week
MichMan
Apr 2022
#81
thx in advance and yes they are GREAT at distraction seeing they have a media outlet that ...
uponit7771
Mar 2022
#54
Not so much for Reps, MAGA didn't blame Putins Whore for killing 100s of thousands of Americans with
uponit7771
Mar 2022
#57
If you wanted to escape oil and build a solar home, that's out, too. Prices on building supplies
Vinca
Mar 2022
#47
There are many videos on Youtube about how to make cheap solar heating devices.
panader0
Mar 2022
#58
I keep waiting for a poster to show up to tell you that everything is more expensive now-
Thtwudbeme
Mar 2022
#71