Windfall Profits Tax Unceremoniously Dumped From Obama’s Energy Plan
Thanks to crude oil prices that have fallen over $100 per barrel since July’s historic highs, there are no more windfall profits to tax. From the Houston Chronicle: President-elect Barack
No More Windfall Profits Tax
Good on the President-elect for this decision:President-elect Barack Obama is not planning to implement a windfall profit tax on oil companies because prices have dropped below $80 a barrel, an
Obama’s Wrongheaded, Lame, Wasteful, Pointless Energy Plan
Obama’s website http://my.barackobama.com/page/content/newenergy outlines the detail of his energy plan. It reeks of Central Planning and is committed to the core Democratic value of Solving A Problem By Throwing Dumptrucks
On The Windfall Profits Tax Proposed For Oil Companies
Why, pray tell, are we going after oil companies again? This question is especially important, given the fact that there are so many other industries that are making more in
When All You Have Is A Hammer . . .
I must have missed the memo in which it was announced that every socioeconomic problem that comes down the pike awaits only a regressive tax scheme to solve it. But
What Is A “Windfall Profit”?
A very good primer which cuts the legs out of the Obama windfall profits tax plan. A must read for the presumptive Democratic nominee and his campaign, but just because
Obama: Death by Taxation
Cities, chambers of commerce, and officials in state and local governments know that tax incentives drive economic development. It is one of their chief tools in luring business to their
What Senator Obama’s Oil-Price Relief Will Cost
Ok, this is pretty interesting. Senator Obama told us a few weeks ago that John McCain’s proposal for a summer-long Federal tax holiday on gasoline was nothing but empty political