Thursday, February 4, 2016

BREAKING: Obama to Propose $10 a Barrel Tax on Oil

The bastards will never give the people a break. The price of oil is falling so the government wants to squeeze some of the benefit for itself.

President Barack Obama will propose a $10 a barrel tax on oil to pay for transportation programs, according to Politico.

The fee could add as much as 25 cents a gallon to the cost of gasoline.

The proposal is due to be included in Obama's final budget request next week.

Maybe the Republican-controlled Congress can act like men and stop this, but no doubt this will result in their own backdoor tax increases.

 -RW

5 comments:

  1. The gasoline tax was well overfunded and congress elected to loot the account for lots of pork projects. They used the money to build popular but useless light rail projects which had no reason to exist. New Jersey ran a light rail up the delaware river to the capital. No one uses it but it runs at a huge loss everyday. It has never had any chance of having a reason to exist so they had to use the overfunded gasoline tax. Now the roads are need repair and they have no money. They just are abusing the tax payers with this new proposal. Why not cut the pension of elected officials like the present and former senators and congressmen.

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  2. Transportation projects = trolleys to nowhere.

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  3. Figured it was a only matter of time until the District of Criminals wanted a piece of that pie

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  4. The low oil prices are putting the squeeze on the cabal so they got their puppet to put a tax on it to help them steal more money from the people.

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