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Sep. 14th, 2007 01:27 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
somedaybitchan interesting discussion in the comments regarding the Democrats trying to retroactively tax the oil industry.
ex post facto illegal?
honestly, people. you don't get to tax someone because you perceive that they made too much money. define "too much"? GE's profit margin was the same. why aren't you going after them?
you don't get to pick on the oil industry because they piss you off and you think it's a valid defacto way for you to get at Bush.
retroactively taxing the oil industry is not going to lower the price of oil, which, i'm sorry, is NOT HIGH. is it higher than i paid 5 years ago? sure. but it's still lower than most of the planet, and it's even lower than 6 months ago. let the market work, and for fuck's sake go back to economics school, will ya?
ex post facto illegal?
honestly, people. you don't get to tax someone because you perceive that they made too much money. define "too much"? GE's profit margin was the same. why aren't you going after them?
you don't get to pick on the oil industry because they piss you off and you think it's a valid defacto way for you to get at Bush.
retroactively taxing the oil industry is not going to lower the price of oil, which, i'm sorry, is NOT HIGH. is it higher than i paid 5 years ago? sure. but it's still lower than most of the planet, and it's even lower than 6 months ago. let the market work, and for fuck's sake go back to economics school, will ya?
