[Randy_Refeld]

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Congrats! The first post in the thread to actually address the subject. In answer to your question, YES, higher taxes on oil companies would get reflected in the price of gasoline, and would have an effect on the lower income worker's disposable income.

But look at what they are doing to avoid this:

"continue expiring tax cuts and shelter 14 million families from higher taxes"

Those expiring tax cuts were Bush's original tax cuts. Remember? Those tax cuts that the right claimed cured all the evil in world. The tax cuts that were responsible for all the good that has ever occurred in the economy ever since.

Now, if it means hurting the oil companies, I guess those tax cuts weren't so special after all, let them expire.

"shelter 14 million families from higher taxes", what did the right say about "trickle down"? I guess reducing taxes on 14 million families really doesn't help the economy overall if it means some oil companies make less money.

So what is it? Does reducing taxes and "trickle down" help the economy? Where Bush's tax cuts good? Or is making sure Big Oil continues to turn record profits America's Number 1 Priority?

Bush made his choice. Does the right agree that they were wrong all this time? His tax cuts weren't good, let them expire, and reducing taxes on a large part of the middle class is bad?

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I don't think this will the last chance to renew the expiring tax cuts. I don't really know if taxing oil or taxing people directly will do more harm to the economy. Neither one of them are good and I don't know why anyone would be for either of those propositions.