Who Ya Gonna Tax? BIG OIL!

A funny thing happened on the way to the gas station today - Big Oil made more money. I'd sure like some that.

As it turns out, I'm likely to get my wish regardless of who is elected President.

Barack Obama wants to institute a "windfall profits tax" on the oil companies. I don't know what constitutes a "windfall" profit as opposed to a regular, or even large, profit. But he wants to send me a check with the money he takes from the oil companies, who I am sure won't miss it.

But, like with almost everything Obama discusses so far, it's pretty words and happy talk - good speech, no action - at least not yet.

On the other hand, Sarah Palin, the GOP's veep nominee, has already played the roll of Robin Hood. In Alaska, Palin seriously jacked taxes for the oil companies doing business in her state, then distributed the money to the people in the form of $1,200.00 rebate checks. Presumably, that also made it easier to manage the state's budget.

So I guess Obama and Palin aren't so different after all. Because I am certain that Palin's Great Alaskan Handout was not overt political pandering, but rather epitomizes her strongly-held conviction that it is her role to ensure government takes what it needs from big oil (or big business for that matter) and redistribute some to the masses while keeping the rest for itself.

Balanced budgets are just around the corner!