Political Corner

Yes, I disagree

Posted By: Doug King, Santana 23 & Sundowner 36
Date: 6/10/08 12:45p.m.

Report: outside forum guidelines

In Response To: Do you disagree with what I believe will be the consequences? (Brian, Precision 23, Lake Lanier, GA)

In an era when these corporations are making huge record profits, there is little reason not to tax those profits above the former margins.
I also disagree that oil companies have been returning a large percentage of those record profits to stock holders. Since I happen to own stock in two major oil companies, I believe I know what I'm talking about.
In general I think that taxing any company's earnings is a bad idea; that money is usually returned right back into the money-go-round that is our national economy. In this case, it would be easy to make the case that less of these profits are being returned... all you have to do is read a few headlines...
Doug King, concerned voter & citizen

Messages In This Thread

What do you think about Obama's plan to seize middle income retirment savings? -- Brian, Precision 23, Lake Lanier, GA -- 6/10/08 7:39a.m.

It's worse than his plan to round up CEOs and put them in reeducation camps. -- Russell -- 6/10/08 7:43a.m.

Likely too much bandwidth would result -- Arlyn Stewart -- 6/10/08 8:14a.m.

Well he is from Chicago.... -- Francois -- 6/10/08 8:21a.m.

He's got that figured out. -- Brian, Precision 23, Lake Lanier, GA -- 6/10/08 8:30a.m.

Ok, so I can see your point... -- Francois -- 6/10/08 10:27a.m.

Seeking Clarity -- Arlyn Stewart -- 6/10/08 11:13a.m.

Keep in mind, some people live on dividends. -- Russell -- 6/10/08 11:35a.m.

Not dissing dividends -- Arlyn Stewart -- 6/10/08 12:45p.m.

I'm not sure why you're having such difficulty. -- Brian, Precision 23, Lake Lanier, GA -- 6/10/08 12:59p.m.

You claimed that savings would be seized... -- Arlyn Stewart -- 6/10/08 1:08p.m.

Dividends in the US are doubly taxed. -- Russell -- 6/10/08 1:08p.m.

Thanks... clarity is helpful -- Arlyn Stewart -- 6/10/08 1:15p.m.

Yes it does. -- Brian, Precision 23, Lake Lanier, GA -- 6/10/08 11:55a.m.

I'll repeat my request. -- Brian, Precision 23, Lake Lanier, GA -- 6/10/08 12:03p.m.

Hmm.. Still no answers. I figured as much. -- Brian, Precision 23, Lake Lanier, GA -- 6/11/08 4:13p.m.

Don't just throw that out there -- That Guy -- 6/10/08 10:14a.m.

Just google for Obama and Windfall Profit Tax. You'll find it. -- Brian, Precision 23, Lake Lanier, GA -- 6/10/08 10:45a.m.

I disagree w/windfall profits tax. But think you're phrasing is dishonest. -- Russell -- 6/10/08 11:21a.m.

I think Obama's phrasing is dishonest -- Brian, Precision 23, Lake Lanier, GA -- 6/10/08 12:00p.m.

Surprise surprise.... you think *every* Democrat is dishonest -- Doug King, Santana 23 & Sundowner 36 -- 6/10/08 12:26p.m.

Do you disagree with what I believe will be the consequences? -- Brian, Precision 23, Lake Lanier, GA -- 6/10/08 12:35p.m.

I think the effects will be small. And easily avoided. -- Russell -- 6/10/08 12:41p.m.

Yes, I disagree -- Doug King, Santana 23 & Sundowner 36 -- 6/10/08 12:45p.m.

Yeah, it's surprising how little divided domestic oil companies pay. -- Russell -- 6/10/08 12:53p.m.

So where do you think the profits are going? -- Brian, Precision 23, Lake Lanier, GA -- 6/10/08 1:01p.m.

Nope, no answers here either. Par for the course. -- Brian, Precision 23, Lake Lanier, GA -- 6/11/08 4:13p.m.

I've been out of town.... thanks for your patience -- Doug King, Santana 23 & Sundowner 36 -- 6/12/08 1:51p.m.

I think that plan is just awful! -- dave -- 6/10/08 9:28p.m.

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