Re: Obama Proposes $10 Per Barrel Oil Tax To Fund Clean Transportation
Author: Edward
Date: 02-06-2016 - 17:26
No. You misunderstand. It is a consumption tax on oil. All oil exported is free of tax. All oil consumed in the US is taxed, whether from The US, Canada, Venezuela, Saudi Arabia, wherever.
But you are right. This would never pass Congress as it was originated by Obama. No initiative originated by Obama would get a favorable vote. It is a matter of patellar myoclonus.