While the Republicans disparage any thoughts of asking the upper 3% and corporations to pay their fair and equalized share of taxes, they also fight like banshees to prevent the repeal of the 36 billion in tax credits and subsidies to the oil cartels which continue to produce billions and billions and billions and more billions, in net profits.
With both party’s having done their fair share of damage to the economy, jobs and the standard of living for most of America, neither party is too keen on rolling back the unearned and unnecessary financial privileges extended to high dollar corporate campaign donors especially when these funds from the oil conglomerates are so lucrative.
Yes…of course. First allow the oil cartels to raise the price of fuel to a level where more than half of the country can’t afford to buy it and then set up a program funded by taxpayers to cover the difference in what families can afford to pay and what the oil companies have decided they want to charge for fuel. This way you can target low-income families and blame them for a portion of the out of control federal spending while never having to go to your corporate sponsors and hold them accountable while at the same time holding the public hostage for paying the difference in the grossly inflated price. Somehow this is far more palatable than regulating the price of oil.
Uncontrolled prices, all time historically high untaxed net profits, 36 billion in unearned subsidies…..and the only way they could cut expenses was to cut fuel assistance to low-income families?
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