Thursday, February 28, 2008
Democrats raise gas prices
The march of economic stupidity continues as congress voted to raise taxes on the evil oil companies, which is of course a tax increase on every American. Corporations don't pay taxes. In the end, individual americans pay every tax. “Gasoline at the pump has gone up 75 cents, 75 cents since we first took up this legislation,” Speaker Nancy Pelosi said in a speech supporting the bill. “Imagine what that means to a household income.” And now it will go up even more thanks to her. She also went on with the usual crapola over "record profits", and relied that we are as ignorant of the difference between profit and profit margin as she is. Thankfully, GW has promised to veto this nonsense.
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