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Why are most Republicans against the "windfall profits" tax ? [View All]

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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-24-06 12:26 PM
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Why are most Republicans against the "windfall profits" tax ?
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It's socialistic, they say. What's wrong with a company making profits? But they never seem to equate the oil companies with monopolies or price gouging? Did raising the prices of gas give them more money to find more oil? Or did it give more money to their executives and stock-holders?

It never ceases to amaze me that some poor Republican slob is scratching to get enough money to feed his kids and he falls for the bullshit everytime. There is no proof whatsoever that windfall profits stop oil companies from looking for more oil, as far as I can find? They don't even know what "socialist" is but whatever it is , it must be bad.

No doubt, you will find a Democrat here and there that are against windfall profits taxes also, and their reasons are always very interesting.
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