Tuesday, June 10, 2008

I'll give you 49 billion reasons why

Can the GOP get any more transparent? It's pretty well known that the GOP is the party of big business, but here's proof beyound a shadow:
Senate Republicans blocked a proposal Tuesday to tax the windfall profits of the largest oil companies, despite pleas by Democratic leaders to use the measure to address America's anger over $4 a gallon gasoline.

The Democratic energy package would have imposed a tax on any "unreasonable" profits of the five largest U.S. oil companies and given the federal government more power to address oil market speculation that the bill's supporters argue has added to the crude oil price surge.

Funny, though, the GOP can't offer any other form of relief for the gas-paying public.
But Republicans argued the Democratic proposal focusing on new oil industry taxes is not the answer to the country's energy problems.
OK, so what is the answer?

The GOP is surprisingly silent on that one.

Maybe because taxing windfall profits means taxing the true base of the GOP?
Want more transparency?
Separately, Democrats also failed to get Republican support for a proposal to extend tax breaks for wind, solar and other alternative energy development, and for the promotion of energy efficiency and conservation. The tax breaks have either expired or are scheduled to end this year.
Could it be any plainer?
The GOP wants higher gas prices. It fought for it for the last seven years. And the rich guys are not about to give it back.

And so it goes.



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