turned down the increase in tax on oil companies.

[SCUDSBROTHER]

Originally Posted by wiphan

Why should the government dictate the profit of any company? Don't you like capitalism? What you are suggesting is socialism more so by controlling how much a private company makes on its goods or services without allowing them to explore or drill for more oil. How does that make sense? You tell a company they can only make so much $ on what they are selling and in turn control them from making the product cheaper by not allowing them to explore or drill for more oil If we opened up drilling the price of oil would drop in half. Also employees don't pay all of payroll taxes employers pay SSI and Medicare as well if I am not mistaken

This isn't true capitalism. There isn't true competition, and that's why somebody else doesn't have a chance to sell gas at a 5% profit instead of at a 10% profit. Sure, if there was a free market system in place,then you would have competition, and we would be paying about half the profit that we now pay to them. It's a fake system. Do bigscreen televisions all sell within $20 of each other(for the same inches?) No,they compete with each other. If you really want Capitalism, THEN ACT LIKE IT. Should be a lot more difference in the various prices of gas. There isn't.