@ThePainefulTruth Said
You say that, and then in 2 sentences proceed to explain how that would (must) happen.
I'm going to assume, for the sake of argument, that they do get a tax break. I've never looked into it. But it isn't arguable that all corporate taxes are paid by the consumer....ALL. Exxon Mobile for example, only has a 4-9% net profit, and that remains the same whether you add corporate taxes or not. They necessarily include it in their overhead.
You say we choose how much we want to drive. That's only true up to a point. Our cities, other than New York City, were built out for the most part, not up. Getting to work and getting groceries, at a minimum, requires a car for almost everybody. This is above and beyond the freedom our vehicles and the highways represent, and the stimulation to the economy exercising that freedom brings about.
I doubt that whatever the tax break to the oil companies works out to be at the pump, it isn't as much as is added per gallon by the federal gasoline tax. If they were serious about helping the economy in this area (and it would), then repeal that tax in addition to not levying the oil tax on the oil companies.
Right on! See below Letter to then President Carter
Jimmy Carter Wash Kostinko
April 5, 1979
dear Sir
I again suggest you replace your advisors. Your televised speech (4-5-79) confirmed it. Your request for all citizens to contact their congressmen to give you authority to tax oil company "windfall profits" is analogous to the late Iranian elections where the "people" voted for an Islamic government. Do we still have a choice? If so, let me itemize a list.
1, Remove all taxes on businesses - tax incomes!
2, Require all oil companies to keep their profits in energy field investments. If they invest in non-energy fields, their profit will be taxed as income. remember our railroads.
3, Do not lease promising oil bearing acreage for oil exploration. Negotiate for a percentage of the oil found. We can use it to stabilize oil prices.
4, When oil companies (or other businesses) are found guilty of defrauding the public, they should not be fined. The company officers who perpetrated the act should be fined and jailed. --- A corporation, unlike a human, cannot be punished.