Is there a major flaw in Hillary Clinton's notion to tax excess profits of oil companies?

Has it dawned on anyone that Hillary's idea to tax oil companies to raise money to pay for socialized medicine will just drive the price of gasoline higher.


What do companies do when they are taxed? They pass the cost on to the consumer.


If any of you think you will get a free ride with government payed healthcare, you are mistaken.Is there a major flaw in Hillary Clinton's notion to tax excess profits of oil companies?
sshhss Bob, you are going to ruin the Utopian dream, reality does not belong in their world view.Is there a major flaw in Hillary Clinton's notion to tax excess profits of oil companies?
They raise taxes without seeing the real effects. But as long as they have Bush to blame they will continue their idiocy
What exactly is an excess profit ?





Oil companies profit percentage is lower now than they were in the late 1990's.





In 1998,1999 and 2000 the oil companies were making around 11% profit, today they are making around 8%.





The New York Times made around 26% profit last year.


I wonder if Hillary plans on taxing their huge profits ??
Hillary has shown over and over again that if you are success full she wants to take it from you. if she wins i will close down my business and be another burdon on society. pull all i have from the bank and bury it. when the Dem's show what a huge mistake all these idiots have made by supporting them and cant get reelected then i will go back to work.
She's a screaming Socialist who has no idea of the consequences that stuff like this would represent.





That woman is dangerous.





ssracing, I'm with you. I too will close down my business and plan on taking early retirement should she get into office. I refuse to support her social programs.
I don't think she would really do it. This sounds like a good idea at first until you get to thinking - as you obviously have - and then it stinks. She would use this to help her get elected and then it would pass by the wayside.
she can't see that far ahead
Politicians in both parties need to look at the reasons for obsene oil company profits. It's called a lack of competition. They allowed big oil to merge into a handful of companies.





If the pols had any balls they'd bust these companies up like they did ATT. Then watch gas prices fall like phone bills did.





Edit: jeeper is lying.

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