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Author	Topic: [Poll: 2005.47]: Should there be a windfall profit tax on the oil companies wh...	Topic is locked Back to Topics

JT Moderator	Message Posted: Nov 12, 2005 11:01:00 PM Ignore JT Report Abuse Should there be a windfall profit tax on the oil companies when their profits go above a certain amount? Yes No Not Sure Post your thoughts about this poll below.

Moderator

Message Posted: Nov 12, 2005 11:01:00 PM

Ignore JT Report Abuse

Should there be a windfall profit tax on the oil companies when their profits go above a certain amount?
Yes
No
Not Sure

Post your thoughts about this poll below.

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iwannavet Champion Author Kitchener-Waterloo Posts:10,389 Points:1,852,020 Joined:Oct 2007	Message Posted: Jan 12, 2009 7:40:05 AM Ignore iwannavet Report Abuse Don't know that this would make gas cheaper at the pump
Z51Corvette Champion Author Austin Posts:8,602 Points:1,696,335 Joined:Jan 2008	Message Posted: Aug 3, 2008 4:17:00 PM Ignore Z51Corvette Report Abuse No, Any tax is passed on to the consumer... Basic Economic Fact!
bobjeep Champion Author Florida Posts:9,796 Points:2,075,375 Joined:Jun 2006	Message Posted: Jul 24, 2008 10:38:04 AM Ignore bobjeep Report Abuse No, drill here, drill now, save money.
Panama19 Champion Author Louisville Posts:25,708 Points:2,569,060 Joined:Sep 2005	Message Posted: Jul 5, 2008 12:23:14 AM Ignore Panama19 Report Abuse No
gasisoutrageous Champion Author Lansing Posts:8,735 Points:952,475 Joined:May 2008	Message Posted: Jul 4, 2008 11:35:01 PM Ignore gasisoutrageous Report Abuse You bet!
Philmar Sophomore Author Cleveland Posts:248 Points:76,475 Joined:Mar 2008	Message Posted: Jun 5, 2008 10:34:49 PM Ignore Philmar Report Abuse Yes
GASMANDEAN Champion Author Illinois Posts:10,924 Points:1,042,305 Joined:Mar 2008	Message Posted: Apr 4, 2008 11:46:12 PM Ignore GASMANDEAN Report Abuse Yes.
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Feb 22, 2008 8:54:50 PM Ignore YB1234 Report Abuse Yes
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Feb 22, 2008 8:54:43 PM Ignore YB1234 Report Abuse Yes
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Feb 22, 2008 8:54:27 PM Ignore YB1234 Report Abuse Yes, but then it goes downhill. [Edited by: YB1234 at 2/22/2008 9:55:10 PM EST]
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Feb 22, 2008 8:53:59 PM Ignore YB1234 Report Abuse Yes. But they should be given credit for developing alternate fuel sources also.
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Feb 22, 2008 8:53:31 PM Ignore YB1234 Report Abuse Who do you think will pay for the windfall tax? We will , the consumer , that would only result in even higher gas prices and more money for the government. Use your head, Get real.
Blubberpuppy Champion Author Baltimore Posts:18,499 Points:1,929,530 Joined:Dec 2006	Message Posted: Jan 28, 2008 2:21:38 PM Ignore Blubberpuppy Report Abuse Maybe - if the tax were directed back at them to set an amount for reinvestment in refineries, pipelines, exploration, etc.
throttle Champion Author Maryland Posts:11,982 Points:2,464,695 Joined:Jul 2004	Message Posted: Dec 31, 2007 3:18:34 PM Ignore throttle Report Abuse no...why should there be?
Guido4 Champion Author Pensacola Posts:13,185 Points:2,698,065 Joined:Jun 2005	Message Posted: Dec 31, 2007 7:02:01 AM Ignore Guido4 Report Abuse Yes
Quazar911 Champion Author Texas Posts:2,070 Points:514,305 Joined:Apr 2007	Message Posted: Dec 3, 2007 4:16:29 PM Ignore Quazar911 Report Abuse not sure
chemist74 Champion Author Cleveland Posts:13,510 Points:2,395,980 Joined:Apr 2005	Message Posted: Nov 8, 2007 9:03:24 AM Ignore chemist74 Report Abuse Only if the "windfall profit tax" was based on percent profit (not gross revenue) and was applied to all companies equally, not just oil companies.
Dorkchop Champion Author Maryland Posts:11,534 Points:1,822,290 Joined:Dec 2006	Message Posted: Nov 8, 2007 8:24:07 AM Ignore Dorkchop Report Abuse Maybe after a certain level of profit is reached. Still, if we end up paying for it then maybe not.
buddydill Champion Author Kentucky Posts:9,934 Points:2,456,165 Joined:Jun 2005	Message Posted: Nov 5, 2007 8:40:02 PM Ignore buddydill Report Abuse no
Guido4 Champion Author Pensacola Posts:13,185 Points:2,698,065 Joined:Jun 2005	Message Posted: Nov 4, 2007 7:15:13 AM Ignore Guido4 Report Abuse Yes
buddydill Champion Author Kentucky Posts:9,934 Points:2,456,165 Joined:Jun 2005	Message Posted: Oct 20, 2007 1:45:43 AM Ignore buddydill Report Abuse yes
GasXing Champion Author Grand Rapids Posts:9,331 Points:1,875,310 Joined:May 2007	Message Posted: Oct 19, 2007 12:23:17 AM Ignore GasXing Report Abuse Unsure.
Guido4 Champion Author Pensacola Posts:13,185 Points:2,698,065 Joined:Jun 2005	Message Posted: Sep 1, 2007 6:45:50 AM Ignore Guido4 Report Abuse Not at ALL...
memory_of_max Champion Author Little Rock Posts:7,302 Points:1,057,020 Joined:Mar 2007	Message Posted: Aug 30, 2007 3:56:18 AM Ignore memory_of_max Report Abuse No - all increases in anything are always - ALWAYS passed on to the consumer. ALWAYS!
Quazar911 Champion Author Texas Posts:2,070 Points:514,305 Joined:Apr 2007	Message Posted: Aug 29, 2007 10:54:46 PM Ignore Quazar911 Report Abuse No
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Aug 15, 2007 1:23:00 PM Ignore truckdude Report Abuse I would like to say yes, but the tax will just be passed on to the consumer through higher prices, so the right answer is probably "no".
buddydill Champion Author Kentucky Posts:9,934 Points:2,456,165 Joined:Jun 2005	Message Posted: Aug 9, 2007 2:10:39 AM Ignore buddydill Report Abuse yes
throttle Champion Author Maryland Posts:11,982 Points:2,464,695 Joined:Jul 2004	Message Posted: Aug 1, 2007 10:59:28 AM Ignore throttle Report Abuse And who do you think will end up paying the tax? Look in the mirror!
buddydill Champion Author Kentucky Posts:9,934 Points:2,456,165 Joined:Jun 2005	Message Posted: Jul 31, 2007 11:19:34 PM Ignore buddydill Report Abuse yes
nyuknyuk49 Champion Author Rhode Island Posts:13,811 Points:2,787,615 Joined:Mar 2005	Message Posted: Jul 21, 2007 9:45:29 PM Ignore nyuknyuk49 Report Abuse no
Quazar911 Champion Author Texas Posts:2,070 Points:514,305 Joined:Apr 2007	Message Posted: Jul 21, 2007 8:58:37 PM Ignore Quazar911 Report Abuse No
buddydill Champion Author Kentucky Posts:9,934 Points:2,456,165 Joined:Jun 2005	Message Posted: Jul 8, 2007 5:14:31 AM Ignore buddydill Report Abuse not sure
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Jul 5, 2007 7:36:01 AM Ignore truckdude Report Abuse I would like to say yes, but the tax will just be passed on to the consumer through higher prices, so I will stay with "no".
Guido4 Champion Author Pensacola Posts:13,185 Points:2,698,065 Joined:Jun 2005	Message Posted: Jul 1, 2007 8:46:42 AM Ignore Guido4 Report Abuse Yes...
DrWhy Champion Author Los Angeles Posts:1,689 Points:438,870 Joined:May 2004	Message Posted: Jun 12, 2007 9:36:13 PM Ignore DrWhy Report Abuse no.
Quazar911 Champion Author Texas Posts:2,070 Points:514,305 Joined:Apr 2007	Message Posted: Jun 12, 2007 9:01:45 PM Ignore Quazar911 Report Abuse Not sure but after giving it some thought, I'd probably have to lean more towards...NO.
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Jun 5, 2007 10:33:00 PM Ignore YB1234 Report Abuse Yes.
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Jun 5, 2007 10:32:39 PM Ignore YB1234 Report Abuse Yea, but then it goes downhill.
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Jun 5, 2007 10:32:00 PM Ignore YB1234 Report Abuse Yes.
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Jun 5, 2007 10:31:47 PM Ignore YB1234 Report Abuse Yes. But they should be given credit for developing alternate fuel sources also.
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Jun 5, 2007 10:30:55 PM Ignore YB1234 Report Abuse Who do you think will pay for the windfall tax? We will , the consumer , that would only result in even higher gas prices and more money for the government. Use your head, Get real.
24541 Champion Author Virginia Posts:1,112 Points:1,797,450 Joined:Mar 2004	Message Posted: May 27, 2007 6:39:24 PM Ignore 24541 Report Abuse No...............that is just a ploy to get more money into the government coffers, and spend it in a wasteful fashion. The Democrat party is the one who normally advances this idea, as they continue to attempt to divide our country, and create disharmony among the citizens.
esquimau Champion Author Pennsylvania Posts:4,904 Points:1,214,070 Joined:Nov 2005	Message Posted: May 27, 2007 7:19:41 AM Ignore esquimau Report Abuse Why? Do you really think it will lower the cost of gas at the pump? It's just another ploy by the government to rake in more money which we, the consumer, will never see any benefit from.
throttle Champion Author Maryland Posts:11,982 Points:2,464,695 Joined:Jul 2004	Message Posted: May 27, 2007 7:06:41 AM Ignore throttle Report Abuse no
babysue Veteran Author Montreal Posts:359 Points:63,400 Joined:May 2007	Message Posted: May 26, 2007 7:30:13 PM Ignore babysue Report Abuse no
gtobeech Rookie Author Detroit Posts:11 Points:62,720 Joined:Apr 2005	Message Posted: May 26, 2007 7:19:31 PM Ignore gtobeech Report Abuse It would depend what they earmark the tax to go towards.
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: May 26, 2007 7:06:36 PM Ignore truckdude Report Abuse I would like to say yes, but the tax will just be passed on to the consumer through higher prices, so I will stay with "no".
Giffdpos Sophomore Author Akron Posts:217 Points:211,270 Joined:Sep 2006	Message Posted: Apr 19, 2007 2:32:03 PM Ignore Giffdpos Report Abuse No!
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Apr 19, 2007 12:55:41 PM Ignore truckdude Report Abuse I would like to say yes, but the tax will just be passed on to the consumer through higher prices, so I will stay with "no".
Howard182 Rookie Author Hartford Posts:59 Points:103,430 Joined:Feb 2007	Message Posted: Apr 3, 2007 8:32:37 AM Ignore Howard182 Report Abuse A possible solution would be to put price controls on them to make sure they are not making windfall profits. SInce the government takes so much soft money from big oil and their lobbyists we will never see their profits reigned in and just get the short end of the stick as the consumer always does Why is the gas in the mideast sell for only .01-.010 per gallon when they don't have the refineries to process crude oil. It must be shipped to a refinery, processed and then shipped back as gasoilne and they still pay way less then we do. Why has the formula for synthetic fuel been kept off the market since the end of world war II? Answer: Big Oil and our Governments collusion to keep giving the consumer the shaft.