Obama keeps up push to end gas, oil tax breaks

Apr 30, 2011 | Posted by: roboblogger | Full story: Athens Banner-Herald

President Barack Obama says oil companies are profiting from rising pump prices and he wants Congress to end $4 billion in annual tax breaks for the oil and gas industry.

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“President DOWNGRADE..Ha Ha Ha!”

Since: Sep 09

Longwood, FL

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#1
Apr 30, 2011
 

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Not too bright Obama.

Adding MORE Taxes to Gas & Oil will only Raise the Price!

What a Jackass!

Ha Ha Ha!

“President DOWNGRADE..Ha Ha Ha!”

Since: Sep 09

Longwood, FL

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#2
Apr 30, 2011
 

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Raise your hand if you want to Pay $4 BILLION MORE in Taxes?


Obama is a dumb Jackass.

“President DOWNGRADE..Ha Ha Ha!”

Since: Sep 09

Longwood, FL

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#3
Apr 30, 2011
 

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The dumb Euro's pay over a $1 a gallon (3.75 litres) and the Aloof Goof wants you to pay the same!

“Freedom Demands Responsibility”

Since: Aug 09

21st Century

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#4
Apr 30, 2011
 

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Woof, Pure spin aimed at ignorant voters (Democrats).

“President DOWNGRADE..Ha Ha Ha!”

Since: Sep 09

Longwood, FL

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#5
Apr 30, 2011
 

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Including all forms of taxation, from 2005 through 2009, Exxon-Mobil's U.S. taxes ($63 billion) exceeded it's U.S. earnings ($44 billion) by $19 billion.

http://www.exxonmobil.com/Corporate/about_iss...

Compare that to Obama Dodging his Taxes and only paying 26% to taxes on his earnings!

“President DOWNGRADE..Ha Ha Ha!”

Since: Sep 09

Longwood, FL

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#6
Apr 30, 2011
 

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ExxonMobil is now reporting that for its retail gasoline operations in the U.S., it made an average profit of 7 cents per gallon during the first quarter of 2011.

Compare that with Government Taxes of 48 cents per gallon!

Why would you want to PAY MORE at the Pump?

“President DOWNGRADE..Ha Ha Ha!”

Since: Sep 09

Longwood, FL

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#7
Apr 30, 2011
 

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API shows gasoline taxes by state (combined local, state and federal), which range from a low of 26.4 cents per gallon in Alaska to a high of of 66.1 cents per gallon in California, averaging 48.1 cents per gallon across all states.

How does that compare to oil company industry profits of 7 cents per gallon?

The government is making 7 times more profit on gas that the Oil companies!


http://www.api.org/statistics/fueltaxes/index...

http://mjperry.blogspot.com/2011/04/gasoline-...
smith100

Katy, TX

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#8
Apr 30, 2011
 

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drop tax breakes and the struggling working people will pay for higher gas and oil. Stupid.
Al Sharpton

Tampa, FL

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#10
Apr 30, 2011
 

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EVERY ANALYST HAS SAID THAT CUTTING THE OIL SUBS WILL INCREASE THE PRICE AT THE PUMP ... odumba wants the highest price he can get to force Americans to buy his all electric POS, take dangerous public transportation, and end the family vacation!!!

why do you think odumba gave BILLIONS to his failed 'crap for clunkers' and destroyed millions of good used cars that Middle Class America would normally buy!!!

HE IS A SOCIALIST POS, plain & simple!!!
Frank Rizzo

Santa Rosa, CA

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#11
Apr 30, 2011
 

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the Messiah wrote:
API shows gasoline taxes by state (combined local, state and federal), which range from a low of 26.4 cents per gallon in Alaska to a high of of 66.1 cents per gallon in California, averaging 48.1 cents per gallon across all states.
How does that compare to oil company industry profits of 7 cents per gallon?
The government is making 7 times more profit on gas that the Oil companies!
http://www.api.org/statistics/fueltaxes/index...
http://mjperry.blogspot.com/2011/04/gasoline-...
I have been making this point myself, but the sheople aren't listening...

Since: May 10

United States

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#13
Apr 30, 2011
 

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the Messiah wrote:
Not too bright Obama.
Adding MORE Taxes to Gas & Oil will only Raise the Price!
What a Jackass!
Ha Ha Ha!
Right BECAUSE the oil comps get to charge whatever they want right? It's NOT really supply demand?

Or is this like the CONservatives cut taxes and create jobs? WHERE ARE THE JOBS?

“Freedom Demands Responsibility”

Since: Aug 09

21st Century

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#14
Apr 30, 2011
 

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Woof, Jonny Commy, You live in California. Do you think Gov. Gerry Brown wants lower Gasoline prices? Of course not. The higher the gasoline price the higher the sales tax on a gallon of gas. He isn't going to do anything to help drivers.
Al Sharpton

Tampa, FL

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#15
Apr 30, 2011
 
looks like odumba & the dumbocraps want to get to that magic $7/gallon mark quicker than we thought!

and it will cut an average 30% off the average union thug entitlement pensions that are wrapped up in big oil!!!

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

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#16
Apr 30, 2011
 

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the Messiah wrote:
Not too bright Obama.
Adding MORE Taxes to Gas & Oil will only Raise the Price!
What a Jackass!
Ha Ha Ha!
They're going to raise the price no matter what, so we might as well tax the crap out of them.

Let them try to justify raising gas prices over a few million in taxes while they each make BILLIONS is profits each quarter.

The fastest road to gas price regulation by the govt is for Exxon & the rest of the oil & gas companies to continue gouging us while making obscene profits.

Press your luck and get a whammy!

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

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#17
Apr 30, 2011
 

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the Messiah wrote:
ExxonMobil is now reporting that for its retail gasoline operations in the U.S., it made an average profit of 7 cents per gallon during the first quarter of 2011.
Compare that with Government Taxes of 48 cents per gallon!
Why would you want to PAY MORE at the Pump?
Right, and we're supposed to just take Exxon's word for it?
If they make $11 BILLION in profit in ONE QUARTER off of just 7 cents a gallon, then the U.S. Treasury should have taking in 77 BILLION in gas taxes that quarter just from Exxon sales alone.
That's over $300 BILLION a year just from gas taxes from just Exxon's sales.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

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#18
Apr 30, 2011
 

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FreeDog wrote:
Woof, Jonny Commy, You live in California. Do you think Gov. Gerry Brown wants lower Gasoline prices? Of course not. The higher the gasoline price the higher the sales tax on a gallon of gas. He isn't going to do anything to help drivers.
You're just a total moron.

The federal & state gas taxes are SET amounts, not a percentage of whatever the current price of gas is. Higher gas prices does NOT result in higher tax revenue. If anything, higher gas prices causes people to drive less and therefore buy less gas which DECREASES the amount of tax revenue generated.

Since: May 10

Marina, CA

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#19
Apr 30, 2011
 

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FreeDog wrote:
Woof, Jonny Commy, You live in California. Do you think Gov. Gerry Brown wants lower Gasoline prices? Of course not. The higher the gasoline price the higher the sales tax on a gallon of gas. He isn't going to do anything to help drivers.
Woof I think you were spanked below by WE the Sheeple, lol

For you info:
http://www.boe.ca.gov/sptaxprog/spftdrates.ht...

Come on-you people are always bloviating about the 'job creators'-especially that big fat drug addled gasbag on the radio. I want some proof that you 'job creators' have actually 'created' some jobs. You've had the sacred Dubya tax cuts for several years now-where are the JOBS????

“Freedom Demands Responsibility”

Since: Aug 09

21st Century

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#20
Apr 30, 2011
 
WeTheSheeple wrote:
<quoted text>
You're just a total moron.
The federal & state gas taxes are SET amounts, not a percentage of whatever the current price of gas is. Higher gas prices does NOT result in higher tax revenue. If anything, higher gas prices causes people to drive less and therefore buy less gas which DECREASES the amount of tax revenue generated.
Woof, Sheep, I know that, read my post again and than apologize. In California SALES TAX is also applied on GASOLINE, including the state and federal gas taxes. The higher the total price the higher the SALES TAX, which in some counties is 10%. This means the $2.00 per gallon increase since Obama became President is generating California $0.20 per gallon more in SALES TAX. You called me a "total moron", I will accept your apology in your reply.

Since: Feb 07

Whitman,Ma

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#21
Apr 30, 2011
 

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Former Cong Martin Frost of Texas said today,"EXXON lost their subsidt 36 years ago and the only oil people getting depletion subsidys are the small oil companies". He says the president is wrong and he is strong supporter of Obams. Exxon is the only oil company in the largest 17 oil companies in the world that is US.

“Freedom Demands Responsibility”

Since: Aug 09

21st Century

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#22
Apr 30, 2011
 
Jonny Boy Central Coast wrote:
<quoted text>
Woof I think you were spanked below by WE the Sheeple, lol
For you info:
http://www.boe.ca.gov/sptaxprog/spftdrates.ht...
Come on-you people are always bloviating about the 'job creators'-especially that big fat drug addled gasbag on the radio. I want some proof that you 'job creators' have actually 'created' some jobs. You've had the sacred Dubya tax cuts for several years now-where are the JOBS????
Woof, Jonny Commy, I always thought you were smarter than to fall for the blather that comes from the computer of Lanolin Breath. As I told Sheep, read my post, I very clearly stated SALES TAX on GASOLINE. Read my reply to Sheep's idiotic reply, and than you to can apologize.

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