The Obama to Propose a $10-per-Barrel Tax on Oil

Maliber, like sanders & other democrats believe that other people's money belongs to the govt.

The top 1% contribute 47% of the tax revenue & that has been increasing. The top top 20% contribute over 80% of the revenue.

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Originally posted by: malibber2
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Originally posted by: pjstroh
Both parties have acknowledged our infrastructure has been neglected and needs to be addressed. The gas tax has not been raised in decades but costs for maintaining infrastructure have risen....and gasoline mileage has improved remarkably which actually results in a massive decline in infrastructure revenue.

So you can put fourth an honest way to pay for the mutually agreed spending that is needed. Or you can tell the public you'll pay for it with tax cuts. Better yet, tell them Mexico will pay for it.


The problem is this is a tax on the least well off on the country. Federal Personal Income Tax rates are at an all-time low, and so are effective corporate tax rates. It is unconscionable to suggest that we expect the working poor and middle class to fund road repair when upper income earners and corporations have gotten massive tax cuts over the last 15 years or so.


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Originally posted by: hoops2
Maliber, like sanders & other democrats believe that other people's money belongs to the govt.

The top 1% contribute 47% of the tax revenue & that has been increasing. The top top 20% contribute over 80% of the revenue.




Apparently, that is not enough because socialism is a great idea until you run out of other people's money to spend!

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Originally posted by: Roulette Man
California has let the voters vote on propositions for added gas taxes, where the proceeds are to go to roads. The democratic legislature then stole the funds to pay for other state items.

So now they are passed not as "taxes" but as "fees", "administrative add-ons" and "surcharges", not to be voted on at all. And the money still does not go to road repair or transportation infrastructure, unless you count the slow train to nowhere.
Took him long enough, Obama like most Liberals want $7.00 a gallon gas prices so they can build all those mass transit systems they have been drooling over all these years...

The government has been demanding cars be more fuel efficient since the 1970's and yet they fail to take into consideration that means less gas used each year. Less gas means less taxes, and since they don't spend the money on what it supposed to be spent on, they can't fund those bridges to nowhere.

Our infrastructure has been going downhill for years and only when stuff is literally falling apart do they get all concerned about roads and bridges.

What happens to the tax when its no longer needed? Wait!! Taxes never go away!!

obama just released a 10 year projection of an additional $9.8T deficit
LOL, he hasn't presented a budget in years and now that we are finally off-loading this mope, he wants to tell us about ten years from now! It's dead on arrival...much like the economy when he arrived.
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