McCain has a PLAN to deal with Big Oil

[underpants]

Boy THAT'S gonna be a winner!! :sarcasm:

McCain Adviser Says McCain Is The One To ‘Stand Up’ To Big Oil

http://thinkprogress.org/2008/04/23/mccain-oil/

McCain has long delivered empty rhetoric about oil companies. In 2007, he said he would end “rifle-shot tax breaks for big oil.” But his proposals are giveaways for Big Oil and big businesses. McCain’s signature tax cut plan would deliver $3.8 billion to the five largest American oil companies, according to a Center for American Progress Action Fund analysis:


It's just so concise and e-mailable!!! :bounce:


Since first running for the Senate in 1986, McCain has received at least $549,712 from the oil and gas industry, with over half coming in the last two years alone. His senior adviser, Charlie Black, is a registered lobbyist for two Russian oil companies and his former lobbying firm was hired in 2005 by the China National Off-Shore Oil Corporation.

[iamthebandfanman]

1. its so stupid

i love how republicans solution for anything is a tax cut. lol

lets just ignore the real problem, let the oil companies continue to rape us, and just give people a tax cut so the prices will still be outrageously high and nothing has changed.

good god republican logic is so flawless ;)

[NewJeffCT]

2. That's the Bush plan for anything

tax breaks for the big guys.

[Vanje]

3. K&R nt

!

[Cresent City Kid]

4. I'm no math major, but...

Didn't Exxon make $40 billion in profits? The $4.3 billion is only about a 10% tax, on PROFIT, not even total income! How many of us pay taxes on money left over after expenses? And 10% at that.

[underpants]

6. Welcome to DU

I pay about 11% after the credits and deductions but that doesn't really cover expenses now does it

Good point.

[w8liftinglady]

5. contrast it against this...all record profits for 2007

Exxon-40.8 billion
chevron-17.4 billion
conoco-15.5 billion
valero-5.46 billion
marathon-5.23 billion


so,yeah...let's give them a few more billions

[IronLionZion]

7. He's just like Bush, only older and crankier. nt

[sutz12]

8. When your only tool is a hammer, all your problems start to look like nails.

Yep, that's their only answer, tax cuts. Funny how they never reference the Laffer curve any more. They seem to know that they've dropped wa-a-a-a-y-y-y below the peak of even that pathetic neo-con lie.

[AlCzervik]

9. the debacle in Iraq cost about 4 billion a month so his saving per year on tax breaks

won't even cover one month of the war he wants to last another 100 years.

[donkeyotay]

10. GOPer twofer! Corporate influence and globalization of OUR representation.

His senior adviser, Charlie Black, is a registered lobbyist for two Russian oil companies and his former lobbying firm was hired in 2005 by the China National Off-Shore Oil Corporation.

No wonder the American people can't get a word in edgewise.

[alfredo]

11. K&R Don't forget to save this thread in your journal so you will have

a quick reference to the charts.