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Dude111 · November 7th, 2008, 12:46 PM

http://www.change.gov

One thing proposed in here which is EXTREMELY STUPID is the Windfall Profit Tax.

Obama still plans to carry this out!

The results:
Raising the price of gas back up,affecting the price of goods and services,nullifying the effect of the rebate.

Charging said taxes to corporations and those over a specific income level..

Folks...if a company is taxed on profit,they pass that tax on to the consumer in the form of higher prices!

Windfall Profit Tax = EXTREMELY STUPID IDEA!!!!

You think the economy is bad now! Wait till this goes through!!!! It's going to have a spiral effect! Oil Companies and corporations taxed by this will pass it on to YOU in the form of higher prices...MARK MY WORDS!!!! THIS IS A DANGEROUSLY STUPID IDEA!!!!

November 7th, 2008, 12:46 PM	#1 (permalink)
Dude111 Senior Member Join Date: Feb 2008 Posts: 734	Obama Transition Website http://www.change.gov One thing proposed in here which is EXTREMELY STUPID is the Windfall Profit Tax. Obama still plans to carry this out! The results: Raising the price of gas back up,affecting the price of goods and services,nullifying the effect of the rebate. Charging said taxes to corporations and those over a specific income level.. Folks...if a company is taxed on profit,they pass that tax on to the consumer in the form of higher prices! Windfall Profit Tax = EXTREMELY STUPID IDEA!!!! You think the economy is bad now! Wait till this goes through!!!! It's going to have a spiral effect! Oil Companies and corporations taxed by this will pass it on to YOU in the form of higher prices...MARK MY WORDS!!!! THIS IS A DANGEROUSLY STUPID IDEA!!!!