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The WPT taxes domestic production, and leaves foreign production unscathed. This fact encourages importing of foreign oil -- a direct contradiction of her stated purpose.
Further, the WPT is levied on those who are entitled to the produced oil, which means that about 75,000 Texans will be taxed more on the oil productin from their land. Now don't think that these are a bunch of rich cats sitting back on their duffs (certainly, there are some, but not that many). Rather, it is the small farmer who counts on the royalty check to keep him from having to sell the family farm. It is the hairdresser in Plainview Texas who inherited a sliver of a royalty, which provides just enough to allow her to not have to sign up for public assistance.
Yeah, Hillary's energy plan is great. Everyone is just trying to figure out who it is great for.
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