Oil companies or Governments? Who is really ripping you off?
Posted March 8, 2011on:
- In: Barack Obama | Communism in America | Economy/Money | Ineffective Government Programs | laws and regulations--stupidities | national deficit, taxes, national budget | National Politics | Obama admistration | Obama and ethics | Obama Executive Decress | Obamanation | Organizing for America (Obama) | Politics 2009 | Politics 2010 | Politics 2011 | Progressives Movement to Destroy America | Redistributing wealth | Subverting America by Uri Bezmenov | Taxes
- 7 Comments
Local and Federal government taxes on oil is 4 times more than the profits of the big five oil companies so just who is ripping the We the People off? When you are paying $5 a gallon for gasoline check out the amount your state charges for gasoline taxes then yell at your state representative about this rip. Oil companies are private companies employing people and paying high taxes themselves while bringing a valuable commodity to you so they have a right to a profit; they have a right to make money for their investment. You want to make a profit when you work or when you invest your money don’t you?
Governments on the other hand do very little to benefit you with the money they extort from you. That is FACT! And once more governments don’t seem to be efficient with your money or even able to tell you where the money is going. So when they find they need more they don’t have to dig deeper into their own pockets to find it or to stop wasting it, they just tax you some more.
Of course the governments tell you it is the nasty oil companies who are the bad guys and some fools believe them. Check out the facts then do something about it. Obama is speaking of going into the oil reserves which would only keep us going for about a month in case of war or some national disaster so we really need to be careful how these reserves are used. a better and much more help to people and the economy would be for Obama to stop the oil taxes the federal government collects. If he can put a moratorium on oil drilling he can cut the taxes. AND, speaking of the moratorium he could damned well lift that stupidity and gas prices would go down as well as putting one hundred thousand people back to work! If this President was not intent on destroying the United States he could very easily turn the economy around and get Americans back to work. BB