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Old 02-26-2011, 11:02 AM  
petegz28 petegz28 is online now
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Where are the calls for a "windfall profits" tax?

Oil on the big rise......I hear crickets from the Left now.
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Old 02-26-2011, 05:25 PM   #2
Warrior5 Warrior5 is offline
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Quote:
Originally Posted by petegz28 View Post
Oil on the big rise......I hear crickets from the Left now.
Excellent point; I had forgotten about that.
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Old 02-26-2011, 06:36 PM   #3
alnorth alnorth is offline
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jeez pete, quiet down, you'll give them ideas!

Seriously though, people don't care about the price of oil so much as the price of gas and quarterly statements from the oil companies. If gas is $4.50 and Exxon announces they made 50 billion, people will start bitching again.
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Old 02-26-2011, 08:41 PM   #4
Direckshun Direckshun is offline
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I seriously doubt liberals are opposed to windfall profit taxes on massive oil companies, so I have no idea what you're talking about.
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Old 02-26-2011, 09:51 PM   #5
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It's a tacit admission that massive tax increases drive the economy down. They know that if they raised the price of gas even further it would be bad for the economy (thus bad for their grip on power) so they cool it until calmer times. But it just exposes that they don't even believe their own bullshit about redistribution of wealth being good for the economy overall.
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Old 02-27-2011, 07:21 AM   #6
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Like anything in economics timing and changes related to where you are in economic cycles makes a difference. That is opposed to thinking that ever lower taxes is always correct.
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Old 02-27-2011, 08:39 AM   #7
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Originally Posted by Direckshun View Post
I seriously doubt liberals are opposed to windfall profit taxes on massive oil companies, so I have no idea what you're talking about.
You don't see the difference between not opposing it during a Democrat POTUS' term and actively calling for it during a Republican POTUS "oil man's" term?
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Old 02-27-2011, 08:02 PM   #8
Direckshun Direckshun is offline
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You don't see the difference between not opposing it during a Democrat POTUS' term and actively calling for it during a Republican POTUS "oil man's" term?
Wait, are we talking about liberals or are we talking about Democrats?

Because I'm not going to defend a political party being two-faced.
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Old 02-27-2011, 08:15 PM   #9
HonestChieffan HonestChieffan is offline
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Originally Posted by Direckshun View Post
Wait, are we talking about liberals or are we talking about Democrats?

Because I'm not going to defend a political party being two-faced.
I agree. Those Conservative Dems and ultra left Repubs deserve our respect.

Liberals on the other hand.....
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Old 02-28-2011, 07:01 AM   #10
Donger Donger is offline
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Originally Posted by Direckshun View Post
Wait, are we talking about liberals or are we talking about Democrats?

Because I'm not going to defend a political party being two-faced.
Whomever was screaming about a windfall profit tax on oil companies when oil spiked in 2008.
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Old 02-28-2011, 01:43 PM   #11
Direckshun Direckshun is offline
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Whomever was screaming about a windfall profit tax on oil companies when oil spiked in 2008.
Oh, I don't know. I don't hear conservatives screaming about privatizing social security right now.

I think it's unreasonable to expect someone to "scream" about every single thing they believe in at all times. We're all largely screaming about different things now than we were in 2008...

I'm willing to bet if you polled windfall profit taxes on oil companies, liberals will overwhelmingly support it. No clue about Democrats, because you never know.
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