Post by: Reaper527 on June 11, 2008, 12:42:00 PM
QUOTE
According to Department of Energy data, from 1977 to 2004, federal and state governments extracted $397 billion by taxing the profits of the largest oil companies and an additional $1.1 trillion in taxes at the pump—that's nearly three times what the oil industry made in profits over that same period.
Post by: damam on June 13, 2008, 02:56:00 PM
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and what is the tax on gas . . . 18 cents per gallon, and the oil companies are making a ball busting 4 cents per gallon.
Post by: Reaper527 on June 15, 2008, 12:17:00 AM
QUOTE(damam @ Jun 13 2008, 05:32 PM) 
i saw the title on this, was itchin for a smack down, and was going to rip you a new one. But too my total dismay i completely agree with you.
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and what is the tax on gas . . . 18 cents per gallon, and the oil companies are making a ball busting 4 cents per gallon.
i think 18 cents is the federal tax, this is before the state tax is added in.
Post by: lordvader129 on June 15, 2008, 08:37:00 AM
QUOTE(Reaper527 @ Jun 14 2008, 10:53 PM)
i think 18 cents is the federal tax, this is before the state tax is added in.
a few years back when the state of illinois dropped it gas tax prices dropped about 25 cents a gallon
of course that period expired so now the state is making the tax again