As if we didn't have enough already, courtesy of Newsmax...
Hillary Clinton Proposes Massive Energy Tax
2008 presidential candidate Hillary Clinton said yesterday that she backs a plan to hike gasoline taxes through the roof.
Speaking to a group of alternative energy investors in Washington, D.C., Clinton proposed to sock oil companies with $20 billion in new fees that would be used to fund research on clean energy - driving up costs for oil producers that they would inevitably pass along to consumers.
The top Democrat said her goal is to get "oil companies that have experienced these amazing profits either to reinvest them in our energy future to reduce our dependence on oil or to contribute to a strategic energy fund that will provide incentives for companies and consumers who want to be part of an energy solution."
Mrs. Clinton's whopping tax hike proposal comes just as prices at the pump are beginning to decline from records highs in the wake of Hurricane Katrina, which caused a bump in energy inflation that experts warned could tip the economy into recession.
Mrs. Clinton insisted that her $20 billion fee plan was "not about new energy taxes on consumers" - but she declined to say how oil companies would absorb the additional costs without charging consumers.
This is insane, were taxed enough already, this would bring about $4 a gallon gas at least. I can live with $2.20-$2.30 a gallon here but once it gets above $3, it starts to really hurt.
Wednesday, October 26, 2005
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4 comments:
Well, at least she was honest about her position for once instead of playing the lovable moderate.
Hey, at least someone would be standing up to the oil companies, not selling the country to them like Bush is. You do know how much of America Saudi Arabia controls, right? They're absentee landlords. Thanks, "president"!
The oil companies have massive profits and very little desire to do anything for the environment. They use the excuse that making any changes would cost too much money. I think maybe Hillary is trying to get the message out about the lack of accountability by the large oil companies. The oil companies could improve the technology which in turn could lower the cost of gas but they refuse to do so. The look to their hero for advise- former oilman, baseball team owner President Bush to help them keep their money.
Whoa. Hillary actually admitted a tax rather than just trying to sneak one in?
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