Who does Obama think is REALLY going to pay for the windfall profit tax?



“Barack Obama: A windfall profits tax on big oil to give families a thousand dollar rebate. A president who’ll stand up for you”

$1000 rebate?

Does he even think about what a windfall profit tax will do to the price of gas?
Why don’t any of the Obama supporters answer this question?

16 Responses to “Who does Obama think is REALLY going to pay for the windfall profit tax?”

  1. I have a much better idea. Why not get that 1k from the 33 Billion exxon/mobile paid in taxes last quarter.

    Socialist never meet a tax they didn’t like.

  2. We customers.

  3. Americans at the gas pump with higher prices. Obama is an idiot.

  4. at the end, the companies will just pass on the prices to consumers….look at what airlines are doing to customers, they are charging extra for bags and sodas…..they will always find somewhere to nail you….Obama’s Plan is the wrong way to go….regular people will always pay at the end more!

  5. Who knows? He is clueless! Or just doesnt care! Thsi 1000 bucks is only a scam to make people get away from the idea to DRILL here where we have OIL!

  6. Me. I’m a shareholder and a taxpayer.

    McCain ‘08

  7. Yep, a business will treat the added tax as an increase in cost and they will increase their prices to compensate for that cost. In the end, the businesses are inconvenienced and the consumers end up paying the tax.

    Other ways businesses will compensate for the added tax is to reduce the quality of their product. Another solution is to eliminate growth or current parts of the business. That would mean a loss of jobs.

  8. No, as a good progressive liberal Marxist, they think the company will eat the cost and not pass it on to the consumer like most companies. The messiah is a good megaphone, however, I do not think he is a thinker, take away the teleprompter and what do you get, humm, oh, well and a lot of dead air, you think GW Bush is bad, this guy is terrible.

  9. He does not care, if you recall he said during a campaign stop in Oregon that $12 a gallon would not be too high, it is their wish to go higher as a catalyst to wean us off of oil.

  10. Any and all taxes on corporations are passed on to the consumer.

  11. Barry supporters can’t think for themselves so they have to wait for Barack to explain how his philosophy twists in the wind with every news report not approvingly softball enough for his “Puppeteers and Followers” to muster a timely response. I’m waiting for his “sermon on the mount” to explain why his new position was really, really, really his position all along… this time! Any intelligent gas purchaser KNOWS full well that Barry’s new Tax increase proposal will INCREASE the cost of living for EVERY American with the POOREST the most affected. He cares little for us stupid clingy Americans… after all he’s the ONE who want us to have less to eat, have less ability to control our conditioning and heat, and wants us to be forced via higher gas prices, engineered by Him, … to ride bicycles to work like in Beijing China… NICE GUY!

  12. surely you don’t think he CARES, do you? by the time the public figures it out, he’ll be in the white house, laughing his **** off!

  13. I wouldn’t need a $1,000 dollar rebate if I didn’t pay so many taxes to begin with. The solution isn’t more taxing, it’s less taxing!

    Let the free market work. Stay away from me socialists!

  14. I support Obama and I’ll tell you that the oil companies will pay for it. Same reason that air fares are still relatively low…competition. Sure they may raise prices in the short run but one of them will bite the bullet and lower prices. Once that happens they’ll all do it. To think otherwise contradicts the whole Southwest Airlines and Walmart way of thinking. Heck, if it weren’t true then ARCO wouldn’t be in business.

    I don’t want any rebate and don’t think a windfall tax is the right way to go but it won’t be passed on to consumers. Sorry folks it’s not the way business works. They don’t set prices according to profit levels. They charge as much as they can based upon supply and demand. If they charge more then demand goes down and profits go down anyways. Or do you guys not think that supply and demand drives prices?

  15. I know right!

  16. B.O. will take from the oil companies who will raise the price on the middle class so the middle class can be the real ones to pay for the welfare rebate B.O. wants to give the non-working voters in an attempt to bribe them to cast a vote for B.O.

Leave a Reply