ObamaFAIL

Jarod said:
This will not result in a direct increase in the cost of gas. I've watched when taxes go up, the price of gas does not increase one for one.

A large part of the price of gas is based on what they can get the consumer to pay... Not the actual cost, supply or demand. This is why there is a lag when the price per barrel goes down, but not when it goes up. The effect, for the most part would be less profit for these oil companies, and they make HUGE profits so...
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Man, are ever dense.....ever notice how there is no lag when price of a barrel goes up.....

The price of gasoline is composed of four components. The largest component of the price is crude oil, 67%, followed by federal, state, and local excise and sales taxes on gasoline sales, 13%, refining expenses, 11%, and distribution and marketing expenses, 9%.

ZappasGuitar said:
And when the price of oil reaches $100.00 a barrel, we can repeal the tax.
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Only this asshole is more dense than Jarhead....
 
There is no possibility of getting this passed in the Congress and the Senate so it's just a silly ploy. I don't even know what the end game is. Even Democrats will not vote for a tax on a necessity just before an election. Other than Sanders nobody will vote for this that has to run in this next election.
 
Damocles said:
Proof of that is their nearly orgasmic reaction to corporate taxes which only hurt those who buy the product and those who can't afford an increase in price are hurt the most.
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Then do away with tax subsidies and lower the rates, but it needs to be a fair tax for both corporations and the USA, we the people.
 
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