[clue-talk] oil...

[Brian Gibson]

Oil is priced on the world market.  Besides, Wyoming can do what they want.  It's their state.  Look, Alaska socializes their oil, pays out dividends, and charged a windfall profit tax (thank you Governor Palin).  Though Alaska does pay a lot for gas, but it probably has more to do with pumping the oil south for refining before it comes back to them as gasoline.



----- Original Message ----
From: Grant Johnson <grant at amadensor.com>
To: CLUE talk <clue-talk at cluedenver.org>
Sent: Monday, November 3, 2008 8:29:17 PM
Subject: Re: [clue-talk] oil...


> We do get something out of it. The companies PAY for the right to
> lease the resources. With our high corporate taxes (ever wonder why
> more and more companies are moving off shore?), we also get fantastic
> amounts of cash handed over to the government to finance all those
> well-loved socialist programs. And please don't tell me you think the
> government should run the show. There's the old adage/truth: If you
> put the US government in charge of Saudi Arabia, within a few months
> there would be a shortage of sand. Private companies can always do it
> more efficiently.
> 
>  

Not just corporate income taxes.   There are also mineral extraction taxes.   Ever wonder why Wyoming has no income tax, and all of the other taxes are low?   The companies pulling coal out of the ground pay for everything.

BTW, you could raise the taxes on them, but, it would just raise the price at the pump, on your electric bill, and on your heat bill.   Don't worry about who pays the taxes, YOU do. _______________________________________________
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