People Who “Get It” and People Who Don’t.

 

House GOP votes unanimously to protect big oil subsidies

Rep. William Keating (D-MA) offered the motion on the House floor saying “let’s stop sending taxpayers’ money to the most profitable companies in the world.”

…Republicans voted unanimously against the motion, defeating it by a vote of 176-249.

And the results of this new NBC/WSJ poll

The survey — which was conducted Feb. 24-28 of 1,000 adults (200 reached by cell phone), and which has an overall margin of error of plus-minus 3.1 percentage points — also listed 26 different ways to reduce the federal budget deficit.

The most popular: placing a surtax on federal income taxes for those who make more than $1 million per year (81 percent said that was acceptable), eliminating spending on earmarks (78 percent), eliminating funding for weapons systems the Defense Department says aren’t necessary (76 percent) and eliminating tax credits for the oil and gas industries (74 percent).

The least popular: cutting funding for Medicaid, the federal government health-care program for the poor (32 percent said that was acceptable); cutting funding for Medicare, the federal government health-care program for seniors (23 percent); cutting funding for K-12 education (22 percent); and cutting funding for Social Security (22 percent).

It’s simple, if we tax our oil baron billionaires, they will simply have to charge more for the petroleum products they produce. It’s better if we let them keep all the money they have earned all on their own and by the sweat of their noble brows.

Advertisements

About greengoddesslove

Gosh, I dunno. I'm a human adult who is interested in just about everything. Life is interesting. Everything else is gravy.
This entry was posted in Billionaire, Commentary, Economy, Policy, Politics, Socio-Econmic Class, Wealth and tagged , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s