The next BP eruption…. just wait until Congress realizes the more they make BP pay, the smaller BP’s income will be – and since the U.S. has such a stiff corporate income tax rate – about half of the cost of the oil spill will be reducing tax revenue to the U.S. Government. (or to put it more plainly – the US Govt is paying half the cost of everything they’re making BP “Pay”)
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Excellent point Art.
But they won’t understand this since it involves “economics”, and that was one of the hard classes in college!
BTW, have you noticed the only word you see to hear out of these bozos is tax?
But this Dem Admin. seems to be breaking new ground, because in the past they were “tax and spend” Dems. Nowadays they are just “Spend and spend” Dems, cause they figure that the funding (tax) will take care of itself in the future.
Amazing!