YES
from members:
Eugene W. Eads
Henderson, NV
The profits of these oil
companies speak for
themselves. This new
tax could force gas
prices to decrease.
Vickie Wallace
Portland, OR
Big companies that
earn big profits should
not get tax breaks.
More of their money
should go back into
improving their communities.
Nick Solish
Los Angeles, CA
These record profits
were made from artificial price gouging. Thus,
oil companies should be
punished with this tax.
NO
CHRIS A RUSNAK
from members:
Sloane Teasley
Tucson, AZ
Last December, the Senate held hearings on rising oil and
fuel prices and the subsequent record earnings posted by U.S. oil
companies. Some lawmakers have suggested that these profits are
The decreasing of their
profits could cause a
need to increase per
barrel and per gallon
pricing. The people will
end up paying more in the end.
unseemly and, thus, should be subject to a new “windfall profits” tax.
Supporters of the tax argue that gas companies are gouging consumers
Sharon Pahl
Orlando, FL
and should be punished through higher taxes, and that revenue from
the tax could eventually lead to lower gas prices. Opponents of a wind-
fall profits tax contend that oil companies already bear a significant
tax burden. They add that such a tax in the past created adverse effects,
Economic changes
mean varying profits for
oil companies, so it
probably evens out. But
oil companies should
do more charitable giving.
and would do so again. What do you think?
Find out more about this topic on the Web:
www.dorgan.senate.gov/issues/economy/windfall/
www.fuelforamerica.org
www.techcentralstation.com/that70senergypolicy.html
Daniel M. Meckel
Vancouver, WA
Government regulations
should not be imposed
on businesses.