Leftists of the World Unite on Windfall Oil Tax

[Bong30]

The difference between Venezuelaâ??s dictator and Barack Obama is only a slight matter of degree.

No shit to that.....

Bong30 Reviewed by Bong30 on 05-17-2008. Leftists of the World Unite on Windfall Oil Tax To compete with Hillary Clintonâ??s pandering on a gas tax holiday, Barack Obama proposed a windfall profits tax on oil companies of his own last month. The Obama plan is not unlike the windfall oil profits tax passed by Hugo Chavez just two weeks earlier. Obama would slap a 20% tax on the cost of a barrel of oil above $80 for all domestic oil companies. Chavez tax hits only foreign oil companies and charges a 50% rate for the cost of a barrel of oil above $70. The difference between Rating: 5