Re: Motivation for the Oil Barons

On May 16, 10:48=A0pm, The Trucker <mik...@[EMAIL PROTECTED]
> wrote:
> In a tread entitled "BEFORE Trying To Simply Hike the Fuel Tax . . ."Day
B=
rown <daybr...@[EMAIL PROTECTED]
> wrote:
>
> ******************
> Now, in this case, I dont blame the oil outfits for not looking for new
> sources of alternative energy. They know how to make money off oil, and
> are not keen on some new technology to compete with it. Very well. Tax
> the bastards to motivate them. Profits are positive re-inforcement,
> taxes are negative re-inforcement. They both work.
> **********************
>
> The Taxation of oil company profits is in fact a tax on rent that will
not=

> be passed to consumers. =A0If the oil companies could get higher prices
th=
ey
> would already be doing it. =A0And so long as the proceeds of the tax are
> disbursed to the general public it won't make any difference anyway. So
a
> 100% surtax on oil company profits in excess of X simply redistributed
as
> a quarterly "stimulus" in the same form as the present "stimulus" will
do
> very nicely. As oil prices increase driving profits above X then the oil
> companies get the wrench. That is some serious motivation to help in the
> effort to reduce the prices.
>
> As the definition of X can become quite complicated, it is better to
> simply apply a lower tax rate to the entire profit. Say 50% so long as
> oil prices remain above $80 per barrel.
>
> --
> "I know no safe depository of the ultimate powers
> of society but the people themselves; and
> if we think them not enlightened enough to
> exercise their control with a wholesome
> discretion, the remedy is not to take it from
> them, but to inform their discretion by
> education." - Thomas Jeffersonhttp://GreaterVoice.org/extend

You sit on your fungus covered white ass tapping away on the library
PC thinking you've cut a fat hog in the ass. Truth is, you ****ing
idiots are going to do the same thing as Carter. The oil companies
will stop exploring, drilling and producing if Piglosi and "ears" are
gonna just punish them. Look for gasoline shortages, rationing, long
lines at the stations and best of all hundreds of thousands of oil
related jobs being lost. Sit there and cackle now because you think
the oil ompanies are about to take a beating but you may be laughing
out the other side of your toothless, drooling mouth this time next
year. Idiot.