Why would you want to tax a company for making profits? Taxing an oil company would only result in higher gas prices to the consumer. The company is not going to make less $ they will just pass the tax along to the consumer. If your business was selling oil would you want an extra tax just because you are making $. The way to lower oil prices and gas prices is thru drilling for oil in ANWR or off shore or use the oil shale that is prevalent everywhere in the US especially in the Dakota's. Not by taxing oil companies. Typically the democrats have blocked drilling/exploration in the past. Also, higher gas prices actually promote companies and people to finding alternative fuels or higher efficiency. We may not like it, but it has to hurt a little before any of us decides to actually do something or make changes.
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