The Gulf oil spill has provided a crisis for Democrats to seize upon. There are different ways in which they tale advantage of it. Obama’s response to the crisis is to play golf. The Democrat Congress responds as it usually does- increase taxes.
WASHINGTON (AP) – Responding to the massive BP oil spill, Congress is getting ready to quadruple—to 32 cents a barrel—a tax on oil used to help finance cleanups. The increase would raise nearly $11 billion over the next decade.
The tax is levied on oil produced in the U.S. or imported from foreign countries. The revenue goes to a fund managed by the Coast Guard to help pay to clean up spills in waterways, such as the Gulf of Mexico.
The tax would quadruple existing oil tax to 32 cents per gallon. Ostensibly, the money would be used for the clean-up of the Gulf oil spill. But it gets confusing. On one hand the article says
Lawmakers want to increase the current 8-cent-a-barrel tax on oil to make sure there is enough money available to respond to oil spills.
But in the next moment it says
President Barack Obama and congressional leaders have said they expect BP to foot the bill for the cleanup.
But the most amusing sentence came from Harry Reid.
“Taxpayers will not pick up the tab,” Senate Majority Leader Harry Reid, D-Nev., said Monday.
DrJohn has been a health care professional for more than 30 years. In addition to clinical practice he has done extensive research and has published widely with over 70 original articles and abstracts in the peer-reviewed literature. DrJohn is well known in his field and has lectured on every continent except for Antarctica. He has been married to the same wonderful lady for over 30 years and has three kids- two sons, both of whom are attorneys and one daughter on her way into the field of education.
DrJohn was brought up with the concept that one can do well if one is prepared to work hard but nothing in life is guaranteed.
Except for liberals being foolish.