Why not a windfall profits tax on gasoline? (kentuck)

[CC27]

kentuck Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Wed May-11-11 08:09 AM
Original message
Why not a windfall profits tax on gasoline?
   
ON anything over 3.00 per gallon?

How much money could they raise to pay down the deficit?

How about a windfall profit tax every time Nadin opens up her mouth? I thought so. 

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1081247

[ScubaGuy]

I was just about to post this one.

harun Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Wed May-11-11 08:28 AM
Response to Original message
1. Just nationalise them.
   

Standard knee jerk DUmmie response.

Spider Jerusalem (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Wed May-11-11 08:30 AM
Response to Reply #1
3. And then what?
   
Nationalise the oil companies and...? The price of fuel would still ultimately be set by world market prices for oil. The US imports over half of all the oil it consumes.

harun Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Wed May-11-11 09:04 AM
Response to Reply #3
8. I don't buy oil I buy gas. And the profit incentive wouldn't be there
   
hence my gas would be cheaper and if there were profits they would go to the citizens.

Mind you I wouldn't waste my time trying to nationalize them. The effort would be better spent on better electric cars and moving to electrics. That is a solution that is doable.

Yep the smartest people on the interwebz.

Spider Jerusalem (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Wed May-11-11 09:11 AM
Response to Reply #8
9. What do you think gasoline is made from?
   
It wouldn't be any cheaper. Not unless you find a way to make America use no more oil than it consumes.

harun Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Wed May-11-11 09:18 AM
Response to Reply #9
10. Why did I know you weren't going to understand this...
   
I swear DU has been infiltrated by GOP drones that do nothing but ask stupid questions in an attempt to ware us all down.

[JohnnyReb]

They just ooze with intelligence...nope...sorry....it' an STD.

[Rebel]

 

My God, the stupid, it burns.


BTW idiots, Exxon made 2 f'n cents per gallon. The government makes about 50 f'n cents per gallon. Want to talk about windfall profits?

Teaching these idiots basic business economics, especially when it concerns publicly-traded companies, is a waste of time. They're still learning their multiplication table.

[dandi]

kentuck Donating Member (1000+ posts)      Wed May-11-11 08:09 AM
Original message
Why not a windfall profits tax on gasoline?
   
ON anything over 3.00 per gallon?

How much money could they raise to pay down the deficit?

With thinking like this, it's no wonder little lord hussein didn't give this goon a "czar" position.

 

Hey, kin-****, how much tax revenue do you think you are going to collect when nobody can afford to buy the gasoline that you are quadruple taxing the Hell out of?  Let me save you some time and "brain" power - None!  You tax behavior that you want to limit and don't tax behavior that you want to encourage, stupid.

harun Donating Member (1000+ posts)     Wed May-11-11 09:04 AM
Response to Reply #3
8. I don't buy oil I buy gas. And the profit incentive wouldn't be there
   
hence my gas would be cheaper and if there were profits they would go to the citizens.

I drink milk, I don't need to worry about the cows.

 

Mind you I wouldn't waste my time trying to nationalize them. The effort would be better spent on better electric cars and moving to electrics. That is a solution that is doable.

No, you chode-gurgling mouth breather, it wouldn't.  Electric cars require batteries to function - batteries that are as expensive as the First Wookie's grocery bill, require almost as much energy to produce than Mikey Moore hauling his fat ass off the couch, about as efficient as the US Postal Service, and requires more toxic handling to dispose of than a DUmmie's underwear. 

Electric cars are crap compared to our current gasoline/diesel engines.  Want a better solution?  How about you step away from the battery BS propaganda and look into hydraulic hybrids.  Think maybe you can sober up long enough to learn something, DUmbass?

harun Donating Member (1000+ posts)      Wed May-11-11 09:18 AM
Response to Reply #9
10. Why did I know you weren't going to understand this...
   
I swear DU has been infiltrated by GOP drones that do nothing but ask stupid questions in an attempt to ware us all down.

Then again, asking you to do something other than vomit back what has been spoon fed to you by your masters may be too much to ask.

[md11hydmec]

Why don't we windfall rax the government. They make a mint off of gas taxes

[blitzkrieg_17]

Why don't we windfall rax the government. They make a mint off of gas taxes

I agree, and we can tax 'em too.

No, you chode-gurgling mouth breather, it wouldn't.

  H5 for that

[Rebel]

Oh, the irony!

harun Donating Member (1000+ posts)  Wed May-11-11 09:18 AM

Response to Reply #9

10. Why did I know you weren't going to understand this...
   
I swear DU has been infiltrated by GOP drones that do nothing but ask stupid questions in an attempt to ware us all down.

Right after he said this:

harun Donating Member (1000+ posts)  Wed May-11-11 09:04 AM

Response to Reply #3

8. I don't buy oil I buy gas. And the profit incentive wouldn't be there
   
hence my gas would be cheaper and if there were profits they would go to the citizens.

Don't worry harun, you idiots don't need any help looking like clueless f'n morons.

[DumbAss Tanker]

kentuck Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Wed May-11-11 08:09 AM
Original message
Why not a windfall profits tax on gasoline?
   
ON anything over 3.00 per gallon?

How much money could they raise to pay down the deficit?

Well, Kentuck, that might make some limited form of sense if the dollar had some fixed value ratio versus the cost of a barrel of oil and the cost to refine it and distribute it as gasoline and diesel.  Of course Ben Bernanke's monetary policy has the purchasing power of a dollar diving like a Type VII U-boat trying to get away from an English destroyer, so instead you are simply demonstrating what a total emo simpleton you are.

  

[Wineslob]

This thread is...............................painful. These "people" should all die for being this stupid.

[Ralph Wiggum]

They're still learning their multiplication table.

You're giving them far too much credit.  I'd argue that most of them can't add or subtract, much less multiply.

[NHSparky]

Dear DUmmies.

Turn off your lights--about 25 percent of your electricity comes from gas and oil.
Don't drive your cars.
Don't eat--how did that food get there, how was it raised, harvested, planted, etc?

Oh, and remember what happened the last time the ****tard idiot liberals tried a "windfall profits tax"?  1979?  Remember that?





Mmmmmm...yeah.  Good times.

[BlueStateSaint]

Of course Ben Bernanke's monetary policy has the purchasing power of a dollar diving like a Type VII U-boat trying to get away from an English destroyer, so instead you are simply demonstrating what a total emo simpleton you are.

  

H5 for the Battle of the Atlantic reference.

[thundley4]

Spider Jerusalem (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Wed May-11-11 09:11 AM
Response to Reply #8
9. What do you think gasoline is made from?
   
It wouldn't be any cheaper. Not unless you find a way to make America use no more oil than it consumes.

WTF?  Do we use more oil than we consume? 

[DumbAss Tanker]

WTF?  Do we use more oil than we consume? 

They're so funny when they try to speak Engrish!

 

[JohnnyReb]

WTF?  Do we use more oil than we consume? 

Spillage???????.......

[Karin]

   I missed the used/consume the first time around. 

Spider tries to give Harun a simple econ lesson, and his response?

harun  (1000+ posts)        Wed May-11-11 09:54 AM
Response to Reply #12
15. * yawn *

Oh the intellectual heft that is the DUmp. 

[GOBUCKS]

make America use no more oil than it consumes

It's simple. When you get an oil change, you use five quarts. The next morning, in your garage, you see a couple of drops of oil that dripped on the floor. You used five quarts. You consumed five quarts plus two drops.

[JohnnyReb]

It's simple. When you get an oil change, you use five quarts. The next morning, in your garage, you see a couple of drops of oil that dripped on the floor. You used five quarts. You consumed five quarts plus two drops.

30 years ago, the X-wife's relatives from England explained to me that they didn't throw out the used oil when they changed the oil in their cars. They put it in a filter contraption in the storage room and over about a month time it would filter out all the impurities. They would then buy the proper additives for the oil and use that oil the next time they changed oil. Then they would put that oil thru the system and use it again, etc. and so on.

They told me numerous times that Americans were wasteful. Our cars and trucks were to big and to powerful.....but they loved kicking a long nose, big block Chevy Monte Carlo I had....