1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

The $10 oil tax

Discussion in 'BBS Hangout: Debate & Discussion' started by Cohete Rojo, Feb 4, 2016.

  1. Cohete Rojo

    Cohete Rojo Contributing Member

    Joined:
    Oct 29, 2009
    Messages:
    10,344
    Likes Received:
    1,202
  2. Commodore

    Commodore Contributing Member

    Joined:
    Dec 15, 2007
    Messages:
    25,798
    Likes Received:
    8,641
    "paid by oil companies"

    where does he think oil companies will get the money? printing it?

    no, they will charge customers more
     
  3. SamFisher

    SamFisher Virtuous

    Joined:
    Apr 14, 2003
    Messages:
    52,135
    Likes Received:
    24,807
    If so, good.

    The price of oil should reflect its true cost.

    That's good government and good economics.
     
  4. Space Ghost

    Space Ghost Contributing Member

    Joined:
    Feb 14, 1999
    Messages:
    12,031
    Likes Received:
    4,238
    no ****. We already pay taxes at the pump. Liberals got their dream with $4.00 a gallon tax. Now that it is below value, they want to put a tax on it it before it jumps back up again.
     
  5. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
    Supporting Member

    Joined:
    Aug 16, 2002
    Messages:
    21,607
    Likes Received:
    5,889
    By true cost do you mean environmental impact?
     
  6. Bobbythegreat

    Bobbythegreat Member
    Supporting Member

    Joined:
    Jan 23, 2013
    Messages:
    54,750
    Likes Received:
    16,233
    LOL, yeah why not levy a super regressive tax that will really only harm those who can least afford to pay for it? Brilliant!
     
  7. Commodore

    Commodore Contributing Member

    Joined:
    Dec 15, 2007
    Messages:
    25,798
    Likes Received:
    8,641
    nothing hits the poor worse than raising energy prices
     
  8. Rocket River

    Rocket River Member

    Joined:
    Oct 5, 1999
    Messages:
    57,071
    Likes Received:
    23,815
    One imposed . .. . rarely do these things come off the books

    If you put a 10$ tax on it now .. . it will be there for ever

    so . . NO

    Ultimately . . . .This will be another way to launder money from the hands of the people. . . into the hands of the few

    Rocket River
     
    1 person likes this.
  9. mikus

    mikus Member

    Joined:
    Jan 31, 2013
    Messages:
    624
    Likes Received:
    182
    In this climate, this will hurt the energy companies because this tax will get passed on to consumers and therefore raise gas prices at the pump, leading to reduced demand and exacerbating the current supply glut even more. Large oil taxes are there to reduce demand. That's why Europe has such high oil taxes, they want reduce their demand. In this economic climate, reducing demand isn't really necessary and we already have a massive supply glut that is likely to get worse once Iran starts exporting.
     
  10. SamFisher

    SamFisher Virtuous

    Joined:
    Apr 14, 2003
    Messages:
    52,135
    Likes Received:
    24,807
    That's one externality , and with regard to foreign oil, the untold gazillions the US has spent abroad in order to prevent the ME from descending into chaos (to quesitonalbe effect...) is also not properly reflected.
     
  11. Northside Storm

    Northside Storm Contributing Member

    Joined:
    Dec 24, 2007
    Messages:
    11,262
    Likes Received:
    450
    nothing hits the global poor worse than the resource curse that extracts their oil with abandon, commits human rights violations, sinks their islands in the ocean, and then leaves nothing for future generations.
     
  12. SamFisher

    SamFisher Virtuous

    Joined:
    Apr 14, 2003
    Messages:
    52,135
    Likes Received:
    24,807
    Ah yes, the $4/gallon gasoline tax that exists on planet Space Ghost reality, and not anywhere else.
     
  13. Mr. Clutch

    Mr. Clutch Contributing Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,126
    It would make sense. Could also make it part of a carbon tax, although cap and trade seems to be the direction we are going in other sectors

    It would be passed on to consumers. Oil companies would also be hurt in that it would lower demand some.
     
  14. SamFisher

    SamFisher Virtuous

    Joined:
    Apr 14, 2003
    Messages:
    52,135
    Likes Received:
    24,807
    Only repealing Obamacare.
     
  15. Mr. Clutch

    Mr. Clutch Contributing Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,126
    But eventually the economy will recover and demand will increase. The time to impose something like this is now, not when oil prices are going up
     
  16. Air Langhi

    Air Langhi Contributing Member

    Joined:
    Aug 26, 2000
    Messages:
    21,234
    Likes Received:
    5,775
    Why not have 45 dollar floor for oil. For all imported fuel there would be a tax 45-x for domestic fuel there would be no tax. This would boost domestic production. It would only make gas go up to $1.70. I think its a win win for everyone really
     
  17. Mr. Clutch

    Mr. Clutch Contributing Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,126
    I don't think domestic production needs to be boosted. That would be a windfall for domestic production companies
     
  18. snowconeman22

    snowconeman22 Member

    Joined:
    Oct 7, 2008
    Messages:
    12,327
    Likes Received:
    13,935
    Raising the price of gas could provide incentives for alternative energies to be developed .
     
  19. Bobbythegreat

    Bobbythegreat Member
    Supporting Member

    Joined:
    Jan 23, 2013
    Messages:
    54,750
    Likes Received:
    16,233
    Well if screwing over poor people and adding to inflation is the goal, why stop at $10? Why not make it $50? Let's really put the screws to the poor people who get most of the benefits of taxation, it's only fair right?
     
  20. Haymitch

    Haymitch Contributing Member

    Joined:
    Dec 22, 2005
    Messages:
    25,175
    Likes Received:
    16,294
    So when would it be taxed?
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now