You must be paying the "bald asshole" tax

greedy bastards they probably could make a profit at 25 cents a gallon

QuakerOats;617946 wrote:http://townhall.com/columnists/LarryElder/2010/12/30/$5_gas_predicted_under_obama_--_what,_no_pitchforks

Change we can believe in .........

The silence over the recent price run-up is yet the latest example of left-wing hypocrisy. It was always about bludgeoning Bush rather than a sincere conviction that Big Oil was cheating. How else to explain the absence of demands for investigations?

Elders is right on target.

How much in taxes is government making off of gas per gallon?

Seems to me that they make a pretty good profit off of something they are not manufacturing by the sweat of their own collective brows.

To hell with what the oil companies are making in profit, it's their business to produce oil. They are allowed to make a profit off of their work - take a look at what the government is taking (or rather, making) lol

The government make the same , no matter what the price. It is taxed per gallon.

As for what the government is making, I would say nothing. The government could't turn a profit pimpin hoes inside a prison.

CenterBHSFan;617253 wrote:But isn't that exactly what you do when you drop in a thread and the only thing you've got to add is calling people chicken little?

I mean, come on, Louie! LOL

Go on just about any thread since November 2008 and see how many gloom and doom predictions have been made by many on this site. By their accounts, we should be in the bread line right now, selling apples and pencils. It hasn't happened yet, but I imagine that the dour predictions of this will continue until at least November 2012, if not beyond.

CenterBHSFan;618128 wrote:How much in taxes is government making off of gas per gallon?

Seems to me that they make a pretty good profit off of something they are not manufacturing by the sweat of their own collective brows.

To hell with what the oil companies are making in profit, it's their business to produce oil. They are allowed to make a profit off of their work - take a look at what the government is taking (or rather, making) lol

Federal and state taxes combined are approximately 50 cents per gallon. While it is true that the taxes remain relatively constant regardless of oil prices, the fact remains that the percentage of taxes to each gallon is IMHO a bit over-the-top. At $3 per gallon that means taxes per gallon equate to about 16%.

I can almost understand charging standard state sales tax per gallon at roughly 6%. But 16% combined state and federal?

Yes, yes, yes the taxes allegedly go towards infrastructure maintenance but...16%?

Will the OC tax experts explain how this works?

Thread Bomber;618165 wrote:As for what the government is making, I would say nothing. The government could't turn a profit pimpin hoes inside a prison.

This cracked me up!

Thread Bomber;618165 wrote:The government could't turn a profit pimpin hoes inside a prison.

That's because the Liberal Dems would want to subsidize all the prisoners that can't afford the hoes. Call it the "No Dick Left Behind Act".

gut;618438 wrote:That's because the Liberal Dems would want to subsidize all the prisoners that can't afford the hoes. Call it the "No Dick Left Behind Act".

A plus!!! That's funny, I don't care who you are.

Oops.