New Congressional Theme Song
Posted on : 19-06-2007 | By : Jim Lynch | In : Congress, Economics
Tags: Big-Oil, Energy, Senate, Taxes
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Following Shillaries lead, Congress has adopted a theme song. Neither the song nor it’s message are new.
When we aren’t dealing with the birds and bees
Now give me money
That’s what I want
You’re votin’ gives me a thrill
But you’re votin’ don’t pay my bills *
Now give me money
That’s what I want
Money don’t get everything it’s true
What it don’t get, I can’t use
Now give me money
That’s what I want
Money don’t get everything it’s true
What it don’t get, I can’t use
Now give me money
That’s what I want
Well now give me money
money
Wow, yeah, I wanna be free
I want money
That’s what I want
That’s what I want
Now give me money
money
you need money
give me money
That’s what I want
that’s what I want
Barrett Strong
*Ironically, no lyrics were changed past this point.
I’m reading this, and watching CSPAN2 and I’ve just got to wonder who do they think will be paying this tab?
A proposal to hit oil companies with $29 billion in new taxes advanced in the Senate on Tuesday, targeting the money to energy conservation, wind turbines, electric hybrid cars and clean coal technology.
The massive tax package, double what Democrats had talked about as recently as last week, is “designed to promote clean and sustainable energy,” said Sen. Max Baucus, D-Mont., chairman of the Finance Committee that approved the measure by a 15-5 vote.
Pardon me if I’m not persuaded. This plan is not “designed to promote clean and sustainable energy,” it is designed to take money out of my back pocket. Like many, if not most, “sin” taxes the goals are the same – not to eliminate the behavior, but to milk it until the cow dies.
Some get it.
Sen. Jon Kyl, R-Ariz., said the taxes on the large oil companies—most of the provisions exempt smaller producers—”will almost certainly lead to gas price increases” as oil companies pass on the added cost. “You can’t raise taxes … by $29 billion and not expect gas prices to increase,” he said.
Others do not.
Baucus and Grassley said they do not expect higher prices as a result of the tax increases.
And maybe we can power cars with what they’re smoking.
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