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

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

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.
REPLIES (newest first) Topic is locked
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iwannavet
Champion Author Kitchener-Waterloo

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Message Posted: Jan 12, 2009 7:40:05 AM

Don't know that this would make gas cheaper at the pump
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Z51Corvette
Champion Author Austin

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Message Posted: Aug 3, 2008 4:17:00 PM

No, Any tax is passed on to the consumer... Basic Economic Fact!
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bobjeep
Champion Author Las Vegas

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Message Posted: Jul 24, 2008 10:38:04 AM

No, drill here, drill now, save money.
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Panama19
Champion Author Louisville

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Message Posted: Jul 5, 2008 12:23:14 AM

No
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gasisoutrageous
Champion Author Lansing

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Message Posted: Jul 4, 2008 11:35:01 PM

You bet!
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Philmar
Sophomore Author Cleveland

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Message Posted: Jun 5, 2008 10:34:49 PM

Yes
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GASMANDEAN
Champion Author Illinois

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Message Posted: Apr 4, 2008 11:46:12 PM

Yes.
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YB1234
Champion Author Twin Cities

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Message Posted: Feb 22, 2008 8:54:50 PM

Yes
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YB1234
Champion Author Twin Cities

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Message Posted: Feb 22, 2008 8:54:43 PM

Yes
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YB1234
Champion Author Twin Cities

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Message Posted: Feb 22, 2008 8:54:27 PM

Yes, but then it goes downhill.

[Edited by: YB1234 at 2/22/2008 9:55:10 PM EST]
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YB1234
Champion Author Twin Cities

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Message Posted: Feb 22, 2008 8:53:59 PM

Yes. But they should be given credit for developing alternate fuel sources also.
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YB1234
Champion Author Twin Cities

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Message Posted: Feb 22, 2008 8:53:31 PM

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.
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Blubberpuppy
Champion Author Baltimore

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Message Posted: Jan 28, 2008 2:21:38 PM

Maybe - if the tax were directed back at them to set an amount for reinvestment in refineries, pipelines, exploration, etc.
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throttle
Champion Author Maryland

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Message Posted: Dec 31, 2007 3:18:34 PM

no...why should there be?
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Guido4
Champion Author Pensacola

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Message Posted: Dec 31, 2007 7:02:01 AM

Yes
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Quazar911
Champion Author Texas

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Message Posted: Dec 3, 2007 4:16:29 PM

not sure
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chemist74
Champion Author Cleveland

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Message Posted: Nov 8, 2007 9:03:24 AM

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.
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Dorkchop
Champion Author Maryland

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Message Posted: Nov 8, 2007 8:24:07 AM

Maybe after a certain level of profit is reached. Still, if we end up paying for it then maybe not.
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buddydill
Champion Author Kentucky

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Message Posted: Nov 5, 2007 8:40:02 PM

no
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Guido4
Champion Author Pensacola

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Message Posted: Nov 4, 2007 7:15:13 AM

Yes
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buddydill
Champion Author Kentucky

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Message Posted: Oct 20, 2007 1:45:43 AM

yes
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GasXing
Champion Author Grand Rapids

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Message Posted: Oct 19, 2007 12:23:17 AM

Unsure.
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Guido4
Champion Author Pensacola

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Message Posted: Sep 1, 2007 6:45:50 AM

Not at ALL...
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memory_of_max
Champion Author Little Rock

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Message Posted: Aug 30, 2007 3:56:18 AM

No - all increases in anything are always - ALWAYS passed on to the consumer. ALWAYS!
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Quazar911
Champion Author Texas

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Message Posted: Aug 29, 2007 10:54:46 PM

No
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truckdude
Champion Author Twin Cities

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Message Posted: Aug 15, 2007 1:23:00 PM

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".
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buddydill
Champion Author Kentucky

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Message Posted: Aug 9, 2007 2:10:39 AM

yes
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throttle
Champion Author Maryland

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Message Posted: Aug 1, 2007 10:59:28 AM

And who do you think will end up paying the tax? Look in the mirror!
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buddydill
Champion Author Kentucky

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Message Posted: Jul 31, 2007 11:19:34 PM

yes
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nyuknyuk49
Champion Author Rhode Island

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Message Posted: Jul 21, 2007 9:45:29 PM

no
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Quazar911
Champion Author Texas

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Message Posted: Jul 21, 2007 8:58:37 PM

No
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buddydill
Champion Author Kentucky

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Message Posted: Jul 8, 2007 5:14:31 AM

not sure
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truckdude
Champion Author Twin Cities

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Message Posted: Jul 5, 2007 7:36:01 AM

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".
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Guido4
Champion Author Pensacola

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Message Posted: Jul 1, 2007 8:46:42 AM

Yes...
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DrWhy
Champion Author Los Angeles

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Message Posted: Jun 12, 2007 9:36:13 PM

no.
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Quazar911
Champion Author Texas

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Message Posted: Jun 12, 2007 9:01:45 PM

Not sure but after giving it some thought, I'd probably have to lean more towards...NO.
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YB1234
Champion Author Twin Cities

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Message Posted: Jun 5, 2007 10:33:00 PM

Yes.
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YB1234
Champion Author Twin Cities

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Message Posted: Jun 5, 2007 10:32:39 PM

Yea, but then it goes downhill.
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YB1234
Champion Author Twin Cities

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Message Posted: Jun 5, 2007 10:32:00 PM

Yes.
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YB1234
Champion Author Twin Cities

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Message Posted: Jun 5, 2007 10:31:47 PM

Yes. But they should be given credit for developing alternate fuel sources also.
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YB1234
Champion Author Twin Cities

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Message Posted: Jun 5, 2007 10:30:55 PM

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.
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24541
Champion Author Virginia

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Message Posted: May 27, 2007 6:39:24 PM

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.
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esquimau
Champion Author Pennsylvania

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Message Posted: May 27, 2007 7:19:41 AM

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.
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throttle
Champion Author Maryland

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Message Posted: May 27, 2007 7:06:41 AM

no
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babysue
Veteran Author Montreal

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Message Posted: May 26, 2007 7:30:13 PM

no
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gtobeech
Rookie Author Detroit

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Message Posted: May 26, 2007 7:19:31 PM

It would depend what they earmark the tax to go towards.
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truckdude
Champion Author Twin Cities

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Message Posted: May 26, 2007 7:06:36 PM

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".
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Giffdpos
Sophomore Author Akron

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Message Posted: Apr 19, 2007 2:32:03 PM

No!
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truckdude
Champion Author Twin Cities

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Message Posted: Apr 19, 2007 12:55:41 PM

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".
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Howard182
Rookie Author Hartford

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Message Posted: Apr 3, 2007 8:32:37 AM

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.
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