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Old November 9th, 2008, 01:09 AM     #10 (permalink)
J.Pope
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Join Date: Aug 2008
Location: Point Comfort, TX
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Quote:
Originally Posted by MTAtech View Post
The result of a windfall profit tax is that the oil company will pay more taxes and have less profits.

That is a laughable assumption. Do you actually think that these companies will accept a cut in their profits? The price is going to go up when taxes are raised. The tax hike will get passed down to the consumer.
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