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Tuesday, February 09, 2016

Obama to Propose $10 a Barrel Tax on Oil

The bastards will never give the people a break. The price of oil is falling so the government wants to squeeze some of the benefit for itself.

President Barack Obama will propose a $10 a barrel tax on oil to pay for transportation programs,according to Politico.

The fee could add as much as 25 cents a gallon to the cost of gasoline.

The proposal is due to be included in Obama's final budget request next week.

Maybe the Republican-controlled Congress can act like men and stop this, but no doubt this will result in their own backdoor tax increases.

Source

12 comments:

Anonymous said...

Price of oil goes down, gas prices go down. But because of lower pump prices, we buy more. Fuel tax is set by the gallon, not by price, so aren't we sending more to the gov't than we were before?

Anonymous said...

Sounds like a good plan. The infrastructure in this country needs to be rebuilt, no one can deny that. Why not fund that reconstruction this way while prices are very low?

Anonymous said...

why don't the dems just raise the tax to $100 a barrel so us white folks can stay home too

Anonymous said...

I truly hate this man!!!!! The weak republicans will probably not do anything to block because those lame asses want the money as well. AND, when oil prices go back up this tax will remain.

Anonymous said...

11:49...even without this tax we are sending more to the gov't than we were before. Cheers!

Anonymous said...

11:49, I was scratching my head about the same thing...regardless of per gallon price, the same amount of tax (Fed is 18.4 cents per gallon PLUS each individual state gas tax) is still applied per gallon. Wiki, via Al Gore's interweb (insert laughter) has the state by state breakdown -

https://en.wikipedia.org/wiki/Fuel_taxes_in_the_United_States

Pretty informative/interesting.

Anonymous said...

BS, this money will be used to prop up his failed health care, and also used for other social program for freeloaders!

Anonymous said...

They would have to put on their big boy and big girl pants to stand up to the kenyan village idiot!

Anonymous said...

It's a shame we can't Nobama for the gas and hot air he emits.

Anonymous said...

Obama Taxing Americans to send $$$ back to his Muslim peeps.

Anonymous said...

This will go nowhere.

Congress wrights and passes tax legislation, the President can only suggest.

Sand Box John

Anonymous said...

Focus on Barry's BOSSES.

WHO wants this tax?