Re: Motivation for the Oil Barons

On May 17, 1:02=A0pm, The Trucker <mik...@[EMAIL PROTECTED]
> wrote:
> On Sat, 17 May 2008 10:19:56 -0700, HarryNadds wrote:
> > On May 16, 10:48=A0pm, The Trucker <mik...@[EMAIL PROTECTED]
> wrote:
> >> In a tread entitled "BEFORE Trying To Simply Hike the Fuel Tax . .
."Da=
y Brown <daybr...@[EMAIL PROTECTED]
> wrote:
>
> >> ******************
> >> Now, in this case, I dont blame the oil outfits for not looking for
new=

> >> sources of alternative energy. They know how to make money off oil,
and=

> >> are not keen on some new technology to compete with it. Very well.
Tax
> >> the bastards to motivate them. Profits are positive re-inforcement,
> >> taxes are negative re-inforcement. They both work.
> >> **********************
>
> >> The Taxation of oil company profits is in fact a tax on rent that
will =
not
> >> be passed to consumers. =A0If the oil companies could get higher
prices=
 they
> >> would already be doing it. =A0And so long as the proceeds of the tax
ar=
e
> >> disbursed to the general public it won't make any difference anyway.
So=
 a
> >> 100% surtax on oil company profits in excess of X simply
redistributed =
as
> >> a quarterly "stimulus" in the same form as the present "stimulus"
will =
do
> >> very nicely. As oil prices increase driving profits above X then the
oi=
l
> >> companies get the wrench. That is some serious motivation to help in
th=
e
> >> effort to reduce the prices.
>
> >> As the definition of X can become quite complicated, it is better to
> >> simply apply a lower tax rate to the entire profit. Say 50% so long
as
> >> oil prices remain above $80 per barrel.
>
> >> --
> >> "I know no safe depository of the ultimate powers
> >> of society but the people themselves; and
> >> if we think them not enlightened enough to
> >> exercise their control with a wholesome
> >> discretion, the remedy is not to take it from
> >> them, but to inform their discretion by
> >> education." - Thomas Jeffersonhttp://GreaterVoice.org/extend
>
> > You sit on your fungus covered white ass tapping away on the library
> > PC thinking you've cut a fat hog in the ass. Truth is, you ****ing
> > idiots are going to do the same thing as Carter. The oil companies
> > will stop exploring, drilling and producing if Piglosi and "ears" are
> > gonna just punish them. Look for gasoline shortages, rationing, long
> > lines at the stations and best of all hundreds of thousands of oil
> > related jobs being lost. Sit there and cackle now because you think
> > the oil ompanies are about to take a beating but you may be laughing
> > out the other side of your toothless, drooling mouth this time next
> > year. Idiot.
>
> Nothing like a good rational and reasoned discourse to start the
morning.
>
> --
> "I know no safe depository of the ultimate powers
> of society but the people themselves; and
> if we think them not enlightened enough to
> exercise their control with a wholesome
> discretion, the remedy is not to take it from
> them, but to inform their discretion by
> education." - Thomas Jeffersonhttp://GreaterVoice.org/extend-
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Not nearly as good as  good caffeine induced dump. I see you can't
refute my comments. MOVEON.org site down this morning??