View Full Version : The Senate is about to raise taxes 4 billion
JustRalph
11-18-2005, 10:55 AM
http://www.msnbc.msn.com/id/10091625/
The Senate is extending some tax cuts. But they are imposing a 4.3 billion tax increase on Oil Companies. The point being that Corporations don't pay taxes!
The cost of this increase will trickle right down to your local gas pump. The next time you fill your car up......think about the "hidden taxes" They are already collecting the federal gas tax. Get ready, the Senate is about to stick to us again!
twindouble
11-18-2005, 11:09 AM
http://www.msnbc.msn.com/id/10091625/
The Senate is extending some tax cuts. But they are imposing a 4.3 billion tax increase on Oil Companies. The point being that Corporations don't pay taxes!
The cost of this increase will trickle right down to your local gas pump. The next time you fill your car up......think about the "hidden taxes" They are already collecting the federal gas tax. Get ready, the Senate is about to stick to us again!
Boy, it's about time we got a break. :faint: :lol:
Way to go Ralph,
Exposing another Republican ploy. This will appear to be a punishment to big oil to the unknowing. Yet as you said. All taxes are paid by consumers. Another way for the Republican controlled Senate to sock it to the common folk.
lsbets
11-18-2005, 12:33 PM
ljb - weren't you complaining about the tax cuts for the oil companies? Glad to see you have seen the light and realized that corporate taxes are just passed along to the consumer. If only everyone realized that.
ljb - weren't you complaining about the tax cuts for the oil companies? Glad to see you have seen the light and realized that corporate taxes are just passed along to the consumer. If only everyone realized that.
Sorry Ls, but for some strange reason tax increases are passed on to consumer but tax cuts seem to get lost in the accounting somewhere. Perhaps big oil has enrons accountants ?
The tax on the oil companies will be the equivalent of a good tip by us.
Whenever the senate acts, I feel like I should bend over a table and grti my teeth. :ThmbDown: :ThmbDown: :ThmbDown:
Secretariat
11-19-2005, 02:53 AM
lol...Exxon Mobil just made 10 billion last quarter. They're already taxing us directly.
Additionally, the Republican led three branches of government gave Big Oil a massive corporate welfare package of $14.5 billion worth of tax breaks and subsidies that they awarded the energy industry in July. This giveaway, was called the national energy policy, and was based on the highly debatable proposition that when oil is going for record prices, companies need special incentives to find and sell more of it. This despite big oil companies deliberately shutting down refineries in the 80's AND even exporting some current oil.
You've a oil man for Pres, an oil man for VP a Republican led Congress and now Supreme court and the conservatives on this board still whine about asking the oil companies to actually pay some money to assist in the fight in Iraq, and in reducing our deficit. If you're saying the energy companies would dare pass on this tax to consumers, how unpatriotic of them not to do their fair share to helping America in its time of need. 10 billion for Exxon in one quarter...10 billion....Even beyond Ebenezer Scrooge's dreams.
twindouble
11-19-2005, 08:04 AM
I watched the hearings with the oil companys big wigs, not all of it but I wanted to see what they had to say, maybe get a better understanding how things work when it come to those huge profits. Well, I'm still confused only because I couldn't put together, OPEC setting quota's that they ignore, (supply) and the market that percieves or speculates on supply and demand from day to day. My gut tells me the latter is the culpert.
With the exception of the hurricanes there hasn't to my knowledge been any major interuptions of supply and one of the big wigs said they's had no problem filling the pipe lines. Nothing has happened that would compare to the embargo of the 70s. So, the market drives prices according to them, (big wigs) they don't have any hand in it to speak of. Now, correct me if I'm wrong, take just one day or one week on the market and think about oil going up $3.00 a barrow, within a day or so the price goes up at the pump.?? Now, if there's millions of barrows already in the pipe line they paid $3.00 less, on ships, in storage yet to be refined and millions of gal of gas and #2 fuel all ready refined, how can they justify such a quick increase?
Another question would be, do the oil companies invest or speculate in the market, if so can't they with huge investments clean up on that side of the equasion as well?
Another thing, when it comes to the market, how can they drive prices up in a short period of time because China has a growing economy, they still have a long way to go, it isn't like over night a hundred and fifty million people baught cars or they built 40 power plants that week, all this takes time to have an infrastructure to warrant these huge increases in crude. To me it's one thing to have a crop whipped out it's another to speculate way beyond the curve. So, I still don't get it.
T.D.
One thing is certain - the house, senate, and WH are populated by fiscal fools, liars, and thieves. More evil in the governement than in San Quentin. The congress is a far worse enemy to the middle class than Al Qeda ever was.
twindouble
11-19-2005, 11:34 AM
One thing is certain - the house, senate, and WH are populated by fiscal fools, liars, and thieves. More evil in the governement than in San Quentin. The congress is a far worse enemy to the middle class than Al Qeda ever was.
Al Qaida don't give a dam what class of people they kill, they will kill anything that walks even their own. Congress is owned by the rich including the Supreme Court, now they can take anyones property and give it to the rich via emanate domain. No wonder the suckers ware black robes, there must be a back room where they dance around a fire like the Knights Templars.
Come on, now why are you disparaging the Templars? :lol:
For an eye-opeing look at the Kourt, read "Men in Black" by Mark Levin.
Appears that the Kourt has far more mental defective in it's chambers than the general public over the years. Real house of horrors.
so.cal.fan
11-19-2005, 03:39 PM
What would happen if.........
the Senate and the Congress didn't meet for 2 or 3 years?
Just let the States handle their own business.
I'm sure this is a dumb question, but I would like to know why they are so all fire important????????? :confused:
twindouble
11-19-2005, 03:40 PM
Come on, now why are you disparaging the Templars? :lol:
For an eye-opeing look at the Kourt, read "Men in Black" by Mark Levin.
Appears that the Kourt has far more mental defective in it's chambers than the general public over the years. Real house of horrors.
disparaging??? How dare you use such big words on me!! :lol:
JustRalph
11-19-2005, 05:12 PM
lol...Exxon Mobil just made 10 billion last quarter. They're already taxing us directly.
Additionally, the Republican led three branches of government gave Big Oil a massive corporate welfare package of $14.5 billion worth of tax breaks and subsidies that they awarded the energy industry in July. This giveaway, was called the national energy policy, and was based on the highly debatable proposition that when oil is going for record prices, companies need special incentives to find and sell more of it. This despite big oil companies deliberately shutting down refineries in the 80's AND even exporting some current oil.
You've a oil man for Pres, an oil man for VP a Republican led Congress and now Supreme court and the conservatives on this board still whine about asking the oil companies to actually pay some money to assist in the fight in Iraq, and in reducing our deficit. If you're saying the energy companies would dare pass on this tax to consumers, how unpatriotic of them not to do their fair share to helping America in its time of need. 10 billion for Exxon in one quarter...10 billion....Even beyond Ebenezer Scrooge's dreams.
What part of taxing the corportations, that trickle down to us, don't you understand? Are you that thick headed? If you can't grasp this concept, you must be mentally defective? Oh, yeah..............sorry...........
Secretariat
11-19-2005, 07:42 PM
What part of taxing the corportations, that trickle down to us, don't you understand? Are you that thick headed? If you can't grasp this concept, you must be mentally defective? Oh, yeah..............sorry...........
Oh, the ole trickle down theory of the 80's again. We taxed corporations at almost a 90% level in the 50's yet no one spoke of trickle down, and American familes were able to live with one wage earner in a family. Now corporations pay almost nothing in taxes, export jobs overseas, cut benefits, and wages are stagnant with both members of a family now working to try and get by. Trickle down? Yeah....I guess the next step is to just pay corporations to sell to us. Wait, we already did that in the July energy bill. Taxpayers pay corporations in tax incentives (which is corproate welfare) while they get 10 bill in profits in a quarter for which we then hope and pray they'll trickel down lower costs to us rather than pocket!...Talk about living in a fantasy world.
Secretariat
11-19-2005, 11:27 PM
More waste......
Congress Helps Self to $3,100 Pay Raise
By DAVID ESPO
The Associated Press
Friday, November 18, 2005; 11:44 PM
WASHINGTON -- The Republican-controlled Congress helped itself to a $3,100 pay raise on Friday, then postponed work on bills to curb spending on social programs and cut taxes in favor of a two-week vacation.
Lefty
11-20-2005, 12:12 AM
sec says Talk about living in a fantasy world.
_________________________________________________
Yes you are, yes you are...
Lefty
11-20-2005, 12:14 AM
sec says more WASHINGTON -- The Republican-controlled Congress helped itself to a $3,100 pay raise on Friday, then postponed work on bills to curb spending on social programs and cut taxes in favor of a two-week vacation
Of course the Dems never did this, right? Uh huh...
sec says more WASHINGTON -- The Republican-controlled Congress helped itself to a $3,100 pay raise on Friday, then postponed work on bills to curb spending on social programs and cut taxes in favor of a two-week vacation
Of course the Dems never did this, right? Uh huh...
Lefty, you are right. The dems never did this.
Lefty
11-20-2005, 11:53 AM
lbj, yeah, right., ih huh. Remember the check writing scandal. They just wrote chks they couldn't cover. lbj, you make me laugh, son.
Lefty
11-20-2005, 12:04 PM
lbj, almost forgot; the R's have a slim majority. How many Dems voted for this too?
The 25 BILLION pork in the trans-pork-tation bill was unacceptble. The congress passed it and Bush signed. He and everyone who voted for it deserve no repsect and deserve to behelf in public disdain. They are traitors to America.
Signing that bill was the clear signal to me that Bush is complete, utter failure and an asshole of the first magnitude. He is either the biggest moron in the history of the USA or the biggest crook. He has no credibility whatsoever.
Secretariat
11-20-2005, 10:55 PM
Let's look at the top Congressional priorities.
1. Give themselves a 3100 pay raise.
2. Cut President Bush's plan to prepare the nation for the bird flu pandemic.
3. Cut programs for the poor including drastic cuts to medicaid (which by the way dramatically affects nursing home care for elederly people who have gone through all their savings dealing with things like Alzheimers, but it's Ok because these caring congressmen got their 3100)
4. Defeat the minimum wage increase for people who actually do work.
5. Call a marine veteran a coward.
And then to show theri compassionate conservatism:
6. Make sure the capital gains tax is cut and that the wealthiest taxpayer keeps benefittitng more.
Oh, almost forgot. Removed the Bridge to Nowhere in Alaska, BUT allocated the exact same money to Alaska at Sen, Stevens demand so that Alaska can build the bridge anyway at State expense. Gutless as well.
Keep it coming. Makes 2006 look much more hopeful.
Bobby
11-20-2005, 11:01 PM
Its really amazing. His ratings are in the 30s and he's paying billions for a FAILED WAR. And at home cutting benefits to the poorest. And giving breaks to the wealthiest.
Also, no one EVER EVER EVER points this out, but . . . there were zero 000000 terrorists in IRAQ before we get there and now that we are there its like the TERRORISTS run the country. What's wrong with that picture? We can't control our borders at home. How are we gonna do it over there?
lsbets
11-20-2005, 11:09 PM
Also, no one EVER EVER EVER points this out, but . . . there were zero 000000 terrorists in IRAQ before we get there
There's a reason no one points that out - it ain't true. Did you get that out of the Enquirer?
PaceAdvantage
11-20-2005, 11:12 PM
Also, no one EVER EVER EVER points this out, but . . . there were zero 000000 terrorists in IRAQ before we get there and now that we are there its like the TERRORISTS run the country
You're a piece of work, you know that? A laugh riot! :lol: :lol: :lol:
Its really amazing. His ratings are in the 30s and he's paying billions for a FAILED WAR. And at home cutting benefits to the poorest. And giving breaks to the wealthiest.
And by the way, my life is pretty f'in good, thank you very much. And I am NEITHER rich NOR poor.....go figure bobby....go figure....
What are you bobby? And how has President Bush ruined your life?
Bobby
11-20-2005, 11:16 PM
There's a reason no one points that out - it ain't true. ?
Whatever. You are OUT THERE LS. The 5-10% of this country.
And by the way, my life is pretty f'in good, thank you very much. And I am NEITHER rich NOR poor.....go figure bobby....go figure....
Glad to hear your having such a good time. Hope your dream continues.
PaceAdvantage
11-20-2005, 11:22 PM
And maybe if you guys would live a little, instead of obsessing on Bush and negativity, you could also have "a good time"
Stop being such a downer...even for one day....post something POSITIVE....I dare you.
Lefty
11-20-2005, 11:39 PM
PA, they can't. their Socialist dream is not complete. They won't be happy until everyone is truly equal. Equally poor and devoid of positive energy.
twindouble
11-21-2005, 12:03 AM
Look guys at this point in our history it's like tring to decide what apples are more rotten than the others, that's the reality. When we stand around and argue and fight as what's going to be picked, all the apples turn rotten. The only way thing will stay the same is for them to keep us divided, like I said in other words we have to plant a new crop.
We have the Constutition and over 200 years of experence to build on, if we can't figure out what's wrong or find ways to fix it by now we are in deep sh-t, it will only get worse. Granted many of us find a way to survive it all like PA said, I'm sure he's doing fine but being content with the status quo in ones life has never been the answer. There's big problems out there to be solved, we need this generation of young people with new ideas, the balls to take on the challenges and make things reasonably right. We have the foundation, all we need is the leaders to bring us together. I'm sure they are among us.
We should be talking about what those changes should be or could be, not being at each others throat. The I or me generation had the flag ship and added very little or nothing of any great value in their wake. Time for a change.
T.D.
T.D.
DrugSalvastore
11-21-2005, 01:18 AM
PA, they can't. their Socialist dream is not complete. They won't be happy until everyone is truly equal. Equally poor and devoid of positive energy.
No doubt!
Me, I'm for a full employment economy! And by that I mean two jobs for everyone! (<---- I love that line!)
Back when Clinton was the guy---I recall the same thing happening--certain folks who align themselves with the (R.) team seemed depressed and wanted to bitch about Clinton all day and to no end. The (D.) team folks are doing the same thing now that Bush is in office. On both occasions---it looked like the opposite side would rather see the president fail...because his failure is for the good of their team!...screw the good of the country I guess!
I'm not above arguing on the internet---but over politics? Come on boys, it doesn't get a whole lot worse than that! Kiss and make up! If they could unite the Bloods and Crips--surely the R's and D's could unite!
lsbets
11-21-2005, 07:50 AM
Whatever. You are OUT THERE LS. The 5-10% of this country.
That is your response when it is pointed out that something you said was not true? You're not very bright, are you Bobby?
twindouble
11-21-2005, 09:02 AM
No doubt!
Me, I'm for a full employment economy! And by that I mean two jobs for everyone! (<---- I love that line!)
Back when Clinton was the guy---I recall the same thing happening--certain folks who align themselves with the (R.) team seemed depressed and wanted to bitch about Clinton all day and to no end. The (D.) team folks are doing the same thing now that Bush is in office. On both occasions---it looked like the opposite side would rather see the president fail...because his failure is for the good of their team!...screw the good of the country I guess!
I'm not above arguing on the internet---but over politics? Come on boys, it doesn't get a whole lot worse than that! Kiss and make up! If they could unite the Bloods and Crips--surely the R's and D's could unite!
I think there's room for another party and yes the internet is the place to start. That's the beauty of our Constitution, if a guy like Ross Perot can garner 23% of the vote if I recall when the pickings are right, why not a third party? Right now there's no one in Washington that has the balls to take on the real problems, the same goes for most States. Take a poll, "do you trust your State and Federal politicians,"? The results woudn't shock me, it would be an overwhelming NO! Just think about the disgraceful number of people that turn out to vote, the apathy has been there right along. Food for thought.
T.D.
Secretariat
11-21-2005, 01:32 PM
And maybe if you guys would live a little, instead of obsessing on Bush and negativity, you could also have "a good time"
Stop being such a downer...even for one day....post something POSITIVE....I dare you.
Bobby did. Kev and Britney's marrriage is on the rocks.
Is Britteny seeing Bobby????
so.cal.fan
11-21-2005, 08:28 PM
No I don't think so, Tom.....isn't she seeing Ken....whoops, that's Barbie, or did they break up?
Oh my goodness sakes! I just can't keep up with all these things, Tom.
:lol: :lol: :lol:
They have a new Barbie doll out for Christmas...Divorced Barbie.
She comes with all of Ken's things!
Bobby
11-22-2005, 11:43 PM
You guys definitely put the damper on a good thread!
Why all the terrorists in IRAQ?
None with SAddam!
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