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Fifth Column
Obama Proposes $10/bbl Tax On Oil In His Last Budget
2016-02-04
This'll help the economy, right?
President Barack Obama is about to unveil an ambitious plan for a "21st century clean transportation system." And he hopes to fund it with a tax on oil.

Obama aides told POLITICO that when he releases his final budget request next week, the president will propose more than $300 billion worth of investments over the next decade in mass transit, high-speed rail, self-driving cars, and other transportation approaches designed to reduce carbon emissions and congestion. To pay for it all, Obama will call for a $10 "fee" on every barrel of oil, a surcharge that would be paid by oil companies but would presumably be passed along to consumers.

This guy never met a tax 'fee' he didn't like.
Posted by:Raj

#5  The people who call themselves Trunks but just pushed through the Pelois-Reid-Obama wish list.
Posted by: Procopius2k   2016-02-04 19:44  

#4  Sven, you forget who the speaker there is.
Posted by: Thing From Snowy Mountain   2016-02-04 19:31  

#3  Fortunately, all revenue bills have to originate in the House of Representatives so this proposal is laughably dead on arrival.
Posted by: Sven the pelter   2016-02-04 19:01  

#2  Obama will call for a $10 "fee" on every barrel of oil, a surcharge that would be paid by oil companies but would presumably be passed along to consumers.

"Presumbably".......whahahhaha. Where the fok else is going to come from ?

Posted by: Besoeker   2016-02-04 17:43  

#1  All of the proposals (except for the self driving car) have been proven losers as well and yet they remain the dhimocrats wet dream.

They keep wanting to throw good money after bad.
Posted by: DarthVader   2016-02-04 17:27  

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