- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: New oil tax being proposed
Posted on 3/11/22 at 12:07 pm to mmmmmbeeer
Posted on 3/11/22 at 12:07 pm to mmmmmbeeer
quote:
I do really well for myself. My wife has a great job, too. We do much better than most in this country. But I sure as frick am not rich and I'll be damned if I'll vote for policies that don't benefit me.
In what ways does voting Dem right now benefit you if you make a lot of money?
1
Posted on 3/11/22 at 12:36 pm to BurningHeart
quote:
Senators Sheldon Whitehouse and Elizabeth Warren say they’re working on a proposed new tax targeting profits being reaped by oil companies as crude prices spike amid geopolitical tensions.
quote:
The revenue raised from the tax would be sent to individuals quarterly. The payments would phase out for individuals earning more than $75,000 or couples earning $150,000. Whitehouse, a Rhode Island Democrat, estimates that single filers would receive approximately $240 a year, and joint filers would get about $360.
Which would then go to paying for petroleum products at their new, higher prices.
Jeeze.
Posted on 3/11/22 at 1:02 pm to BurningHeart
Did we not learn anything from the windfall profits tax imposed on oil companies in the 1980s? Producers had to differentiate between "old oil" which had a high tax and "new oil" which had a lower tax to encourage new production.
Posted on 3/11/22 at 1:04 pm to BurningHeart
Didn’t Venezuela do this, or promise to pay citizens??
Posted on 3/11/22 at 1:10 pm to Jones
quote:
In what ways does voting Dem right now benefit you if you make a lot of money?
Any money. Not just a lot
Posted on 3/11/22 at 1:16 pm to BurningHeart
Wait till Pelosi takes them aside and explains how much stock she and her husband have in Big Oil companies.
This post was edited on 3/11/22 at 1:33 pm
Posted on 3/11/22 at 1:41 pm to mmmmmbeeer
quote:
does it get old white knighting for the ultra wealthy
Who are mostly liberals
quote:
their grip on government
Who are mostly liberals
quote:
their grip on stagnant income
Made most possible by leftist policy.
quote:
their abuse of tax laws to make themselves even more wealthy
Tax evasion is my favorite "crime". We all ought to start doing it. Furthermore, who gives a shite if somebody is making more money? Why are lefties like you the most envious people on the planet?
quote:
none of which benefit you in the least
What benefits me the most is to have leftist policies be fricking ended forever.
Posted on 3/11/22 at 1:48 pm to BurningHeart
quote:
The payments would phase out for individuals earning more than $75,000
Being punished yet again for hard work
Posted on 3/11/22 at 4:17 pm to mdomingue
You people are getting all worked up over nothing. First of all, all legislation concerning taxes must originate in the House of Representatives. This is just a couple idiot senators shooting their idiot mouths off to pander to the nose ring crowd. The idea of proposing new taxes while inflation takes a bigger chunk out of everyone's wallets every day is absolutely dead in the water.
Posted on 3/11/22 at 4:26 pm to mmmmmbeeer
quote:
I do really well for myself. My wife has a great job, too. We do much better than most in this country. But I sure as frick am not rich and I'll be damned if I'll vote for policies that don't benefit me.
Most of the ultra wealthy are progressives, you do EXACTLY what they tell you to do.
Your failure to understand economics dooms you to the lower IQ political scale.
Posted on 3/11/22 at 4:30 pm to RogerTheShrubber
Taxing the oil companies more and expecting them to lower prices. OK Pocahontas.
Page 7 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News