ANWR
I just recently posted that the House Okays ANWR Oil Drilling. A frequent reader commented that the House finally got one right. This was said, because as you may recall, the House recently shot down a proposal to drill offshore for oil and natural gas.
The House has not been the problem when it comes to drilling in ANWR; it has voted to do so a number of times in recent years (under GOP control). But ANWR drilling never makes it past the Senate.
I get so disgruntled - no - make that steamed - with our government and its moronic, self-serving attitude.
Not only that, but special interest groups, in this case, primarily enviro wackos, throw road blocks at every turn and our congressional leaders "stumble, fall down, pick themselves up, turn around, and go back home" and therefore nothing ever gets accomplished.
Frankly, I'm tired of listening to their excuses. They will not allow ourselves to drill off shore, or drill in ANWR, or build refineries, and then complain about high prices and being dependent on foreign oil.
It makes no sense. It ticks me off. As long as we have to rely on unfriendly, unstable third world countries whether it be in the Middle East, or tin pot dictators like Hugo Chavez (yes I know he was "democratically elected" and "Jimma" Carter said it was a good, clean election - and when was the last time he was wrong?) we leave ourselves, our economy, our way of life, at risk.
It does not impact our leaders, therefore they lack real incentive to fix the problem. They make more money than I so they don't "feel my pain", and they can fly around in jets across the country on "business" and back home when on break. They really don't get it.
Then in their infinite wisdom, the "solution" they come up with is to tax the oil companies more, i.e. windfall profit tax. Any imbecile can see that this has no relationship, none, zero, zip, nadda, to the foreign oil dependency problem. It's motive is only to "punish" the oil companies for "excess profits", whatever the hell that means.
And again, any half-wit should be able to think through the fallacy of this:
Taxes are an expense to a business. Expenses are costs. Costs are a part of doing business. Total costs of a business are calculated and their products are marked up to cover said costs and make a profit (AND THEREIN LIES THE TRUE RUB IN THIS DISCUSSION THAT NO ONE WILL ADMIT - PROFITS ARE EVIL) so that there is a return on investment, shareholders get paid and willing to keep invested or to invest even more. "It's what makes the world go 'round."
Simply put, increased taxes create increased costs and are passed onto the consumer and we will pay EVEN MORE AT THE PUMP!
YIKES! Why is this so hard to figure out?
The House has not been the problem when it comes to drilling in ANWR; it has voted to do so a number of times in recent years (under GOP control). But ANWR drilling never makes it past the Senate.
I get so disgruntled - no - make that steamed - with our government and its moronic, self-serving attitude.
Not only that, but special interest groups, in this case, primarily enviro wackos, throw road blocks at every turn and our congressional leaders "stumble, fall down, pick themselves up, turn around, and go back home" and therefore nothing ever gets accomplished.
Frankly, I'm tired of listening to their excuses. They will not allow ourselves to drill off shore, or drill in ANWR, or build refineries, and then complain about high prices and being dependent on foreign oil.
It makes no sense. It ticks me off. As long as we have to rely on unfriendly, unstable third world countries whether it be in the Middle East, or tin pot dictators like Hugo Chavez (yes I know he was "democratically elected" and "Jimma" Carter said it was a good, clean election - and when was the last time he was wrong?) we leave ourselves, our economy, our way of life, at risk.
It does not impact our leaders, therefore they lack real incentive to fix the problem. They make more money than I so they don't "feel my pain", and they can fly around in jets across the country on "business" and back home when on break. They really don't get it.
Then in their infinite wisdom, the "solution" they come up with is to tax the oil companies more, i.e. windfall profit tax. Any imbecile can see that this has no relationship, none, zero, zip, nadda, to the foreign oil dependency problem. It's motive is only to "punish" the oil companies for "excess profits", whatever the hell that means.
And again, any half-wit should be able to think through the fallacy of this:
Taxes are an expense to a business. Expenses are costs. Costs are a part of doing business. Total costs of a business are calculated and their products are marked up to cover said costs and make a profit (AND THEREIN LIES THE TRUE RUB IN THIS DISCUSSION THAT NO ONE WILL ADMIT - PROFITS ARE EVIL) so that there is a return on investment, shareholders get paid and willing to keep invested or to invest even more. "It's what makes the world go 'round."
Simply put, increased taxes create increased costs and are passed onto the consumer and we will pay EVEN MORE AT THE PUMP!
YIKES! Why is this so hard to figure out?
posted by HeavyHanded at
7:44 PM
1 Comments:
You got cost structure nailed HH. I was having this discussion with someone a few hours ago. It was like sitting down and reading what I had just said.
Taxing business is just a hidden tax on you and me. They will pass it along in cost of goods sold and you and I the consumer will have to pay another tax. As long as they keep raising taxes we might as well act like a socialist state, I bet we pay around 60% now anyway. If you go through every layer of taxation from resource to end product in the consumers hand I bet taxes make up 25% of the cost of a good.
By
ablur, at 3:15 PM
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