Warren Buffett Knocks Obama Over Oil Profits Tax »
Posted By bigurn 3 months, 2 weeks ago in NewsWarren Buffett is a liberal, and a capitalist. He's here in video explaining the fallacy of the oil company windfall profits tax that was supported by Barack Obama
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bigurn
If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools,
Or watch the things you ...
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Nixie3 months, 2 weeks ago
"Democratic presidential candidate Barack Obama said on Monday he would impose a windfall profits tax on U.S. oil companies as he sought political gain from Americans' pain over high gasoline prices.
"I'll make oil companies like Exxon pay a tax on their windfall profits, and we'll use the money to help families pay for their skyrocketing energy costs and other bills," the Illinois senator said."
http://www.reuters.com/article/topNews/idUSWAT0...
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libsRfunny3 months, 2 weeks ago
Hell, he's doing worse than that. Obama actually said he'll give taxpayers a rebate check from the proposed oil tax. Which, of course, will only mean oil companies get it back when consumers are forced to spend it on homes and gas after his stupid idea jacked up prices even further and stifled production.
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TOD3963 months, 2 weeks ago
I think that there should also be a windfall tax on politicians who make milions of dollars by writing books. If ever there was a definition of a windfall profit, royalties from a book written by a person on the taxpayer's payroll should head the list. Obama owes most of that money back to the government. Had he not been in office, no one would care what he had to say...
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Nixie3 months, 2 weeks ago
A lot of people still don't care what he has to say. Besides, what he says one day may not be what he says tomorrow.
I'm just waiting for him to throw his books under the bus.
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libsRfunny3 months, 2 weeks ago
Maybe it's time to cut legislative pay. Instead of having the richest folk in office, we could have middle class Americans. Cut that pay in half. Plenty of folk still would do it.
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Wolfie20073 months, 2 weeks ago
I've never been impressed by anything Warren Buffett has ever done except make money. He has no real political sense but I guess even he draws a line a liberals messing where they don't belong, in the economy. lol
Btw, I wonder how Buffett feels about nationalizing the oil companies?
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