Quote from Pa(b)st Prime:
You don't get it do you stupid fuck? WHO OWNS THE LAND? The people of Alaska. If I own a property and give you the opportunity to farm it, you in turn pay me. Pretty novel concept, huh?
Land ownership as I expect you to know is divided amongst the USA, the State, the County, The City and the individual; so I disagree, Ak does not own the land; they are part owners.
The oil companies paid huge sums to lease and develop these resources; so why should they be subject to a tax and spend and wealth redistribution scheme that Palin and others got passed to make themselves popular by cutting $3200 checks to each citizen?
Then why did McCain and almost all other Republicans oppose the windfall tax on a national level? This is a Jimmy Carter IDEA:
From FOX NEWS:
"
Republican Sen. John McCain criticized Sen. Barack Obama's call for a windfall profits tax on the oil industry on Tuesday, despite leaving the door open to the same idea last month.
The presumed GOP nominee leveled his attack in prepared remarks in which he said the next president must be willing to break with policies of both the Bush and Clinton administrations to reduce dependence on foreign oil.
"This was a troubling situation 35 years ago. It was an alarming situation 20 years ago. It is a dangerous situation today," the Republican presidential contender said.
While McCain was speaking in Texas, the energy-producing state that is home to President Bush, he is attempting to chart his own course on energy issues. He parts company at times with the Bush administration as he courts independent voters, opposing drilling in the Alaska National Wildlife Refuge, for example. Yet he announced on Monday he favors lifting the federal moratorium on offshore drilling to allow states to decide whether to explore coastal waters, an approach backed by Bush that drew quick criticism from some environmentalists.
McCain criticized Obama, his Democratic rival, repeatedly in excerpts of a speech planned for delivery Tuesday evening. He cited Obama's advocacy of a tax on excess oil industry profits as well as the Democrat's vote for President Bush's energy legislation in 2005.
McCain reserved his sharpest words for the windfall profits tax.
"If that plan sounds familiar, it's because that was President Carter's big idea, too. ... I'm all for recycling, but it's better applied to paper and plastic than to the failed policies of the 1970s," McCain said in the excerpts."
http://elections.foxnews.com/2008/0...a-for-proposing-windfall-tax-on-oil-industry/
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