Can you explain why our government is letting the oil companies tax the gasoline sold in the U.S. and get to keep the tax for themselves?

Let me explain.

The price of gasoline is high because the oil companies want to discourage the use of gasoline to the point they run out of supply. Jolly good idea, except in this country governments, both state and federal, generally add the tax to things. The governments get to use the tax monies for whatever.

Exxon has charged at least $10 billion more than it cost to supply the products, which is recorded as company profit. However, it’s pure give-me money.

With the government strapped for money, why can’t our folks in Washington see a gasoline tax as the way to provide funds for Social Security repair, hurricane and natural disaster help, buying medicine for the elderly, more money available for the war effort, or monies for homeland security?

Where is the windfall tax on the big oil companies? Why is our government letting big oil tax (in effect) our gasoline and keep the tax?

Something here stinks. I wonder who is getting the kickbacks, and how much?

Such a wonderful opportunity for extra government income is being wasted.

Joel Denison, Strong