I don't know about you, but I'm slightly terrified with the prospects of our economy and the presidential election. Today the Senate tried to introduce a bill called a "win-fall profits tax" on the oil companies. Does no one understand that corporations don't pay taxes? We, the consumers, pay the taxes. Any tax that the government puts on the oil companies, they simply pass off the cost onto us, thus raising the prices even more. Jimmy Carter tried this back in the late 70's and it resulted in the oil companies stopping production of gasoline when they reached the cap on the profit. Before they hit win-fall they stop producing thus causing insane lines at gas stations and shortages. I don't know about you but that's not something I really care to deal with. Luckily for us they weren't able to get enough votes to block the Republican filibuster, thus crushing that bill.
Onto another noteworthy point: I think we have all heard of socialism right? Well it's a scary thing and for someone who believes in individual liberty, I don't believe that I should go to work everyday and have my pay taken from me in order to support the collective. In conclusion, I have a little homework assignment for everyone. Take a look at the policies of one of the presidential candidates and side by side it with Karl Marx's "Communist Manifesto" and see how similar liberal policies are to that. Trust me it will scare the shit out of you.
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