Democrats fall short on bid to kill b...

Democrats fall short on bid to kill big oil's tax breaks

There are 2 comments on the story from May 17, 2011, titled Democrats fall short on bid to kill big oil's tax breaks. In it, reports that:

Senate Democrats tried Tuesday to channel public anger at $4-a-gallon gas into passing a bill to repeal federal tax breaks and subsidies for five major oil firms, but fell short.

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The Analyst

South Elgin, IL

#1 May 18, 2011
That's right. Increase taxes on Big Oil. Surely that will lower the price of a gallon of gas.

BTW: Big Oil makes about 2 cents on a gallon of gas, the government makes 18 cents from taxes on a gallon of gas.
Bike Bubba

United States

#2 May 18, 2011
There you have Democrats--we have problems with a high price for a commodity, so let's tax exploration for new sources of that commodity more. Stupid hardly begins to explain this.

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