I’ve said before I will not vote for Clinton. I also said I might consider voting for Obama. Of course, this was before I really knew anything about him. My friend Jimmy has a great post on why he won’t be voting for Obama.
Here’s another reason.
On Friday, Obama’s economic adviser Austin Goolsbee said:
“Obama does want oil and gas companies and private equity firms to pay higher taxes.”
He didn’t even bother couching it in political double-speak. Flat-out, oil and gas companies should pay higher taxes. Now, to be completely open, he’s saying Obama supports closing tax loopholes that allow them to pay less taxes. Which is the same as a higher tax.
So, let’s bottom-line this. We’re currently experiencing the worst gas prices ever, even when adjusted for inflation. People are clamoring for a solution. Obama’s answer? Higher taxes for those companies.
Right, because increasing their costs is really going to incent them to lower prices. Good work.
What’s even scarier is the idea that he may know this is the wrong answer but he’s just proposing it because it’s politically expedient. Lovely.