Obama: Raising taxes on oil companies will lower gas prices for consumers

Really Barack?

“I think it’s time they got by without more help from taxpayers who are already having a tough enough time paying the bills and filling up their gas tank,” the president said. “And I think it’s curious that some folks in Congress, who are the first to belittle investments in new sources of energy, are the ones that are fighting the hardest to maintain these giveaways for the oil companies.”

I have to ask, how , exactly, is raising taxes on oil companies going to lower gas prices?Remember what the brilliant Milton Friedman explained so clearly, corporations and businesses don’t pay taxes, only people pay taxes.

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Once a “community organizer,” always a “community organizer.”

  • John Carey March 29, 2012 at 9:17 pm

    This is as dumb as it gets Steve. The problem is the left is dumber.

    • steve March 29, 2012 at 10:02 pm

      This is completely clueless.