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lol, politicians are now stirring the IRS to investigate the big oil companies to make sure they've been paying their taxes correctly. i suppose they expect this will pressure oil co's to lower price
Midas [No, the other one]Apr 26, 2006 7:25:40 pm
Politicians: haha, you bastards, we're gonna threaten you with all kinds of hell unless you lower your prices, what to you think of that!

Oil Companies: well, we're going to have to hire more attorneys to manage all of your efforts, with retainers and monthly expenses, so I guess we'll just raise the prices a bit more to cover those additional costs. By the way, let us know how much the 'windfall profit' tax is gonna be, so we can add that into the price as well. Any other bright ideas, nimrods?
Earnest - PhilomastixApr 26, 2006 7:28:44 pm [NT]
Midas [No, the other one]Apr 26, 2006 7:30:01 pm
and then break/burn things if and unless you don't pay, haha
Llotnarf [bun-length]Apr 26, 2006 7:39:40 pm
it's within their rights.

hell, they audit individuals for less suspicious stuff. why should the big companies get a pass if they fall under suspicion?
Midas [No, the other one]Apr 26, 2006 7:41:56 pm
purely personal and political.

if there was some evidence or reason to think they were up to shenanigans with their taxes, that's fine... but this is specifically indicated as singling out the 15 biggest oil companies and reviewing their taxes.

political.
Midas [No, the other one]Apr 26, 2006 7:44:42 pm [NT]
Earnest - PhilomastixApr 26, 2006 7:55:25 pm [NT]
Dermottâ„¢ [Capitalist Pig]Apr 26, 2006 7:57:17 pm
...

Nevermind the millions of people losing their jobs and income if ideal is successful...
Llotnarf [bun-length]Apr 26, 2006 8:04:29 pm
if it's a HUGE profit and it's so integral to the health of the economy as the gas industry is, then yeah, the gov't wouldnt be doing their job if they didn't at least take a look.

Plus, there have been instances in the not-so-distant past where energy companies HAVE been proven to engage in gouging/collusion. Of course, at the time there were naysayers who sided with the corporations, of course. (Just as there are now.)
Dermottâ„¢ [Capitalist Pig]Apr 26, 2006 8:08:03 pm
...

Fair is fair.
Midas [No, the other one]Apr 26, 2006 9:39:38 pm [NT]
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