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General Discussion

Amishman

(5,929 posts)

16. this would be a regressive tax

Reply to cilla4progress (Original post)

Fri Feb 5, 2016, 08:34 PM

Feb 2016

it would get passed on to the common folks

instead tax oil commodity trading with an exception for contracts that result in physical delivery. Heck do it for all commodities, tax wall street for messing with the price of raw materials and making things more expensive for the rest of us. Either money will be reclaimed from wall street or big money gets out of commodities trading. Either way we win.

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$10 a barrel [View all] cilla4progress Feb 2016 OP

sounds a lot like what Bernie would do!! Go for it. juxtaposed Feb 2016 #1

If we are ever going to tax oil significantly now is the time to do it. pampango Feb 2016 #2

How about just making the oil companies pay for repairing the damage they do. postulater Feb 2016 #3

Thats more than doubling of the tax Travis_0004 Feb 2016 #4

This is a tax on crude oil, not gasoline. -none Feb 2016 #6

The impact on gasoline will be higher per gallon JustABozoOnThisBus Feb 2016 #7

That 12 + 19 gallon statistic is rather slippery, as is all oil industry accounting. hunter Feb 2016 #18

Where does gasoline come from? Travis_0004 Feb 2016 #11

From Heaven Octafish Feb 2016 #12

The crude oil in the barrel -none Feb 2016 #13

Perfect FLPanhandle Feb 2016 #5

Dead on arrival and will give the GOP a club to use on the Democratic nominee Ex Lurker Feb 2016 #8

Oil/gas is a racket. gvstn Feb 2016 #10

taxing wont change the profit Travis_0004 Feb 2016 #17

I may be naive. gvstn Feb 2016 #20

The problem is its a global market Travis_0004 Feb 2016 #21

Personally madokie Feb 2016 #9

Good post bigwillq Feb 2016 #14

This message was self-deleted by its author Amishman Feb 2016 #15

this would be a regressive tax Amishman Feb 2016 #16

I have mixed feelings, Sen. Walter Sobchak Feb 2016 #19

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