--- In FairfieldLife@yahoogroups.com, Bhairitu <[EMAIL PROTECTED]> wrote:
>
> shempmcgurk wrote:
>
> >I love the way people are so angy with the oil companies.
> >
> >I myself think that the oil companies should embark on a campaign
of
> >purposely gouging consumers.
> >
> >Let the price go up to $7.00 a gallon!  Ha-ha!
> >
> >It will only be then that people will start to use less and dump
their
> >gas-guzzling SUVs.
> >
> >And, most importantly, we can get around to developing
alternative
> >fuels.
> >
> >Can't do it without the $7.00 a gallon price...
> >
> > 
> >
> I would like to see a windfall profits tax on the oil companies.



Personally, I think a 40% corporate tax rate is windfall
enough...FOR THE GOVERNMENT!!!!!

Exxon made a profit of $36 billion last year on sales of $328
billion.  That's about 11 cents profit on each dollar of
revenue...hardly a "windfall".

So under which circumstances, Bhairitu, would your windfall profits
tax kick in???




I
> don't mind the price of gas going up if it is from taxes to
improve
> roadways, bridges and make mass transit more ubiquitous.  And
those
> taxes should not be golden goose for gouging contractors either
and they
> should ONLY be used for transportation projects.  The scariest
thing is
> to see some mindless woman aiming her Ford Expedition or Lincoln
> Navigator while blathering on her cellphone.  I think we should
make
> thought vehicles require truck licensing and take away the tax
break on
> them.
>







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