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Business Groups Target Higher Energy Taxes

Wall Street Journal -- Business groups are cranking up a multi-state TV and radio campaign today to make the case against the Obama administration’s plan to raise energy taxes to pay for some of its new economic initiatives.

The business groups, including the National Association of Manufacturers and the National Federation of Independent Business, worry that higher energy taxes would force up prices and make their members less competitive.

In the face of continued economic weakness, President Barack Obama has rolled out a series of proposals this week for more public infrastructure spending, permanent extension of a current tax break for business research, and creation of a new temporary tax break for business purchase of plant and equipment.

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Submitted Sep 09, 2010 By: BurntOrange

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BburgCW Champion Author Virginia Posts:1,696 Points:793,230 Joined:Jun 2009	Message Posted: Sep 9, 2010 6:00:40 PM Ignore BburgCW Report Abuse Now it's "business groups" chance to complain. When these kinds of ads ran last spring, they were funded by big oil.
Gnusman53 Champion Author San Diego Posts:3,826 Points:653,255 Joined:Feb 2004	Message Posted: Sep 9, 2010 2:32:16 PM Ignore Gnusman53 Report Abuse sneaker55thank you for a small ray of fact in a closet dark with ignorance and calumny.... and most often fiction/propaganda
Gnusman53 Champion Author San Diego Posts:3,826 Points:653,255 Joined:Feb 2004	Message Posted: Sep 9, 2010 1:50:22 PM Ignore Gnusman53 Report Abuse Dennis??? Higher energy prices/taxes will hurt the economy at a time when they need to be helping it. So GOP, Bush & Enron has some explaining to do for what they did to California's economy.....??????
SUPERQUACK Champion Author Sacramento Posts:3,975 Points:1,484,690 Joined:Jun 2007	Message Posted: Sep 9, 2010 1:20:18 PM Ignore SUPERQUACK Report Abuse Tax tax tax. Is there any other way
Gnusman53 Champion Author San Diego Posts:3,826 Points:653,255 Joined:Feb 2004	Message Posted: Sep 9, 2010 1:01:37 PM Ignore Gnusman53 Report Abuse So many people wrong here.... so little time....Sorry Chuck wrong.... "His policies are similar to FDR's, higher taxes, redistribution of wealth, etc and it didn't work then either." WRONG... Actually under Reagan/Bush/Bush, the wealth of the middle class was redistributed --- to the wealthy....and away from the Americans who actually worked for a living.... Reagan/Bush/Bush and even Clinton helped send many of the well-paying jobs over seas.... and in many cases PAID the companies to do it..... As to higher taxes, that is ludicrous.... federal taxes are at an all-time low compared to earlier eras....... it is just that the GOP likes to give taxpayer money directly to the companies and corporations now and have them escape most of their normal taxes.
Dennis783 Champion Author Wisconsin Posts:11,269 Points:2,246,985 Joined:Sep 2005	Message Posted: Sep 9, 2010 12:32:57 PM Ignore Dennis783 Report Abuse Obama and the Dems are crazy. Higher energy prices/taxes will hurt the economy at a time when they need to be helping it.
OHMS Champion Author Orange County Posts:10,791 Points:1,249,445 Joined:May 2005	Message Posted: Sep 9, 2010 11:54:14 AM Ignore OHMS Report Abuse you need not speak; just type and VOTE.
eddmac Champion Author Washington Posts:5,526 Points:1,234,975 Joined:May 2006	Message Posted: Sep 9, 2010 11:35:16 AM Ignore eddmac Report Abuse I'm so frustrated, I can't speak.
milespergallon Champion Author Illinois Posts:7,488 Points:1,479,065 Joined:Feb 2007	Message Posted: Sep 9, 2010 10:48:31 AM Ignore milespergallon Report Abuse I think maybe several million emails and letters to the 'd'ecrepid 'c'ity people should send a message that we do not want this! Try it, you may like it! Tell them what you feel about this latest tax gouge!
DarthDadJr Champion Author Virginia Posts:5,529 Points:1,119,435 Joined:Jul 2008	Message Posted: Sep 9, 2010 10:39:07 AM Ignore DarthDadJr Report Abuse There is nothing here worth commenting on....
Sneakers55 Champion Author Houston Posts:43,307 Points:1,711,030 Joined:Nov 2005	Message Posted: Sep 9, 2010 10:36:17 AM Ignore Sneakers55 Report Abuse Chitowner wrote: >Cap and Trade is the dumbest idea of Congress in decades Cap and trade proved to be extremely effective on acid rain.
goalie1950 Champion Author Phoenix Posts:4,044 Points:829,270 Joined:Oct 2009	Message Posted: Sep 9, 2010 10:15:37 AM Ignore goalie1950 Report Abuse The equation is pretty simple: raise business taxes on energy use equals an increase in consumer goods that are affected by these taxes.
mmene Champion Author Houston Posts:4,347 Points:938,970 Joined:May 2008	Message Posted: Sep 9, 2010 9:39:58 AM Ignore mmene Report Abuse Raising business taxes to lower business taxes was always an idiotic proposition. Most likely increased energy taxes will lead to higher gas prices and lower exploration for new sources. The real problem is that the government is in a bind since it has spent a trillion dollars of stimulus on pet projects and boondoggles and now with a massive deficit has nothing left to actually spend on improving the economy and helping ordinary people.
BEngr Champion Author Illinois Posts:4,262 Points:1,114,530 Joined:May 2008	Message Posted: Sep 9, 2010 9:34:53 AM Ignore BEngr Report Abuse Higher energy taxes will hurt the lower income people more than the rich. Raising taxes in these economic times will further slow the recovery.
DLgougewatcher All-Star Author North Dakota Posts:688 Points:190,780 Joined:Nov 2008	Message Posted: Sep 9, 2010 9:25:01 AM Ignore DLgougewatcher Report Abuse RENEGE November 2, 2010 RENEGE November 6, 2012 We must NEUTER this idiot!!
Beau2140 Champion Author New York Posts:5,931 Points:1,189,185 Joined:Oct 2008	Message Posted: Sep 9, 2010 9:20:37 AM Ignore Beau2140 Report Abuse Energy taxes are altready too high.
Chitowner Champion Author Omaha Posts:3,145 Points:872,705 Joined:Jul 2007	Message Posted: Sep 9, 2010 9:17:52 AM Ignore Chitowner Report Abuse Cap and Trade is the dumbest idea of Congress in decades, Every American will have to fork over hundreds of dollars every year.
DAK1960 Champion Author Illinois Posts:2,014 Points:424,680 Joined:Nov 2008	Message Posted: Sep 9, 2010 9:15:51 AM Ignore DAK1960 Report Abuse yea thats it raise taxes in a recession what a friggin moron
Doubleeez Champion Author Connecticut Posts:5,080 Points:908,695 Joined:Sep 2005	Message Posted: Sep 9, 2010 9:15:21 AM Ignore Doubleeez Report Abuse The economic dilimma continues. No attempt at any solution is going to please everyone.
CPGas1815 Champion Author Michigan Posts:4,171 Points:725,405 Joined:Apr 2008	Message Posted: Sep 9, 2010 9:15:16 AM Ignore CPGas1815 Report Abuse Big businesess are theiving scoundrals. They pocketed uncountable millions or even billions of dollars despite causing the worst economic disaster since the Great Depression. They are fightiong tooth and nail to extend the Bush tax credits to pad their already over stuffed wallets. I guess this is what we get when we allow these corporate thieves to stuff the pockets of Washington politicians.
Kimmunicate Champion Author San Francisco Posts:1,068 Points:371,420 Joined:Jan 2010	Message Posted: Sep 9, 2010 9:14:30 AM Ignore Kimmunicate Report Abuse I'm with RoadManJimC. A pack of cigarettes in NY run about $12 now but people are still buying them.
AlliumCepa Rookie Author Edmonton Posts:10 Points:100,025 Joined:Sep 2009	Message Posted: Sep 9, 2010 9:10:53 AM Ignore AlliumCepa Report Abuse Let the gas prices go up! Maybe then you'll start feeling the need of changing your mind about renewable energy, green alternatives and taking care of the planet. How does "drill, baby, drill" sounds now?
RoadManJimC Champion Author Chico Posts:1,231 Points:181,340 Joined:Aug 2010	Message Posted: Sep 9, 2010 9:09:04 AM Ignore RoadManJimC Report Abuse It makes more sense to me, to raise taxes on 'Alcohol and Tobacco'! And... YES, I smoke and indulge in a little(?)Bud-Light! :)
gasman50 Champion Author Portland Posts:6,500 Points:1,945,520 Joined:Nov 2005	Message Posted: Sep 9, 2010 9:08:37 AM Ignore gasman50 Report Abuse We need a regime change in Washington DC
Rajah Champion Author Illinois Posts:6,589 Points:1,957,415 Joined:Jul 2005	Message Posted: Sep 9, 2010 9:06:30 AM Ignore Rajah Report Abuse Raising taxes in a recession seems very counter-productive to me, but what do I know?
arnerator Champion Author Seattle Posts:5,811 Points:1,153,660 Joined:Sep 2008	Message Posted: Sep 9, 2010 9:06:08 AM Ignore arnerator Report Abuse Something HAS to be done to get this economy rolling and get jobs created. Everything has a price.
mackconsult Champion Author Portland Posts:3,688 Points:702,135 Joined:Jan 2009	Message Posted: Sep 9, 2010 9:05:09 AM Ignore mackconsult Report Abuse Keep taxes down ..... Government is taking $150k from me this week.
Don20 Champion Author Oklahoma City Posts:7,287 Points:2,152,095 Joined:Mar 2005	Message Posted: Sep 9, 2010 9:04:01 AM Ignore Don20 Report Abuse The business groups, including the National Association of Manufacturers and the National Federation of Independent Business, worry that higher energy taxes would force up prices and make their members less competitive. More tax during a recession is just what we don't need. This guy must be out of his gored.
carrollcreek Champion Author Minnesota Posts:2,959 Points:660,235 Joined:Jun 2008	Message Posted: Sep 9, 2010 9:03:41 AM Ignore carrollcreek Report Abuse They always say there are only two things that you can count on in your life; Death and Taxes. Get used to it, because they are not going anywhere soon. My only hope is that we get some type of benefit from the raised taxes that helps me out in some other way.
realtorguzzler Champion Author Florida Posts:1,488 Points:259,210 Joined:Jun 2010	Message Posted: Sep 9, 2010 9:03:07 AM Ignore realtorguzzler Report Abuse Right-o SeerLV.
AnObserver Champion Author New Jersey Posts:6,270 Points:1,841,210 Joined:Sep 2005	Message Posted: Sep 9, 2010 8:59:29 AM Ignore AnObserver Report Abuse The taxes are the same for everybody so no one is at a disadvantage
DirtDauber Champion Author San Antonio Posts:4,410 Points:1,161,275 Joined:Nov 2005	Message Posted: Sep 9, 2010 8:58:01 AM Ignore DirtDauber Report Abuse Less Government = Less Taxes.
SeerLV Champion Author Las Vegas Posts:3,930 Points:807,825 Joined:Jun 2008	Message Posted: Sep 9, 2010 8:57:11 AM Ignore SeerLV Report Abuse We need to end the spending and the tax breaks for the wealthy (people and corporations) so we can balance the checkbook. We need politicians who can make the hard decisions and not just pander to those who pay them via campaign contributions.
HankHill09 Champion Author Long Island Posts:1,252 Points:257,270 Joined:Sep 2009	Message Posted: Sep 9, 2010 8:54:50 AM Ignore HankHill09 Report Abuse blah
cnet1 Champion Author Arizona Posts:1,955 Points:515,150 Joined:Nov 2008	Message Posted: Sep 9, 2010 8:51:48 AM Ignore cnet1 Report Abuse obama wants to give tax credits to working class folks, but raise taxes to a level higher than the tax break. the result, more Money from your pocket in the unstable economic times. Hey, why not create more jobs for illegal aliens while youre at it. Since youre letting them be here and giving them everything else . . . Here's hoping he's a 1 term president. [Edited by: cnet1 at 9/9/2010 10:52:58 AM EST]
gasaholicMO Champion Author Missouri Posts:2,416 Points:469,750 Joined:Apr 2010	Message Posted: Sep 9, 2010 8:50:41 AM Ignore gasaholicMO Report Abuse Oil has and is given tax brakes other industries don't enjoy.
ciimike Champion Author Nevada Posts:3,704 Points:761,800 Joined:Aug 2005	Message Posted: Sep 9, 2010 8:50:04 AM Ignore ciimike Report Abuse Just what the US citizen needs. Higher utility and fuel bills.
Keystone30 Rookie Author Chicago Posts:5 Points:425 Joined:Sep 2010	Message Posted: Sep 9, 2010 8:46:31 AM Ignore Keystone30 Report Abuse In general, when taxes are raised on energy it will raise the cost of every day living. If it cost more to transport goods and supplies of companies, it will be passed onto the consumer. Companies need profit to reinvest into the company for more efficentcy and effective methods to give the consumer what the consumer will be willing to pay.
ifallsguy Champion Author Minnesota Posts:4,420 Points:1,212,705 Joined:Apr 2007	Message Posted: Sep 9, 2010 8:46:27 AM Ignore ifallsguy Report Abuse have you ever seen a politican who gives back taxes?
TRAIN RIDER Champion Author San Bernardino Posts:6,763 Points:2,297,910 Joined:Oct 2004	Message Posted: Sep 9, 2010 8:46:00 AM Ignore TRAIN RIDER Report Abuse THEY ARE RIGHT, ABOUT THE ONLY AREA THAT HAS GROWN UNDER OBAMA IS THE FEDERAL GOVERNMENT.
w4kh Champion Author Riverside Posts:9,306 Points:1,761,100 Joined:May 2004	Message Posted: Sep 9, 2010 8:43:24 AM Ignore w4kh Report Abuse If manufacturers had to pay the full and true costs of their entire process, we would not be seeing this response... Waste energy and pay a higher tax... should be an incentive to become more efficient, so if business would spend the money on improvements instead of lobbyists, we would all be better off...
Rageagainsttm Champion Author Tampa Posts:6,004 Points:1,446,120 Joined:Jul 2007	Message Posted: Sep 9, 2010 8:43:12 AM Ignore Rageagainsttm Report Abuse The death of a Nation.
Italianman Champion Author Twin Cities Posts:1,732 Points:774,945 Joined:Feb 2008	Message Posted: Sep 9, 2010 8:42:53 AM Ignore Italianman Report Abuse If you don't want to pay for these things with taxes, then make every road a toll road, every school a private school that requires tuition, every fire station run by volunteers and all crime fought by private detectives.
VTROCK Champion Author Detroit Posts:2,582 Points:644,455 Joined:Sep 2008	Message Posted: Sep 9, 2010 8:41:00 AM Ignore VTROCK Report Abuse Obama is trying to suck the life out of our country.
Nofries Champion Author Atlanta Posts:1,817 Points:617,145 Joined:Jun 2006	Message Posted: Sep 9, 2010 8:40:56 AM Ignore Nofries Report Abuse Who is John Galt?
Sisu58 All-Star Author Michigan Posts:829 Points:184,140 Joined:Jun 2008	Message Posted: Sep 9, 2010 8:40:51 AM Ignore Sisu58 Report Abuse Gnusman53, couldn't agree with you more. If people would just first look at the plan first instead of the political party that proposes it. Consider the idea and not the source where it originates.
slvrdo_dsprdo Champion Author Nashville Posts:3,315 Points:642,640 Joined:Jul 2008	Message Posted: Sep 9, 2010 8:38:11 AM Ignore slvrdo_dsprdo Report Abuse Obama is a committed leftist. He's not going to offer tax breaks (notice, tax BREAKS not tax CUTS) unless he's raising them somewhere else. He wants you to watch the birdie while he raises taxes over here. Also, he's only considering this because his poll numbers are abysmal. He's raise taxes all day long if he thought he could get away with it.
Sam195 Champion Author San Bernardino Posts:5,745 Points:1,112,950 Joined:Oct 2008	Message Posted: Sep 9, 2010 8:37:54 AM Ignore Sam195 Report Abuse The democrats are spending too much.
dabayer Champion Author New Hampshire Posts:1,559 Points:392,730 Joined:Oct 2005	Message Posted: Sep 9, 2010 8:35:16 AM Ignore dabayer Report Abuse I agree with 'bicycler', "The business groups worry about their profits with much less concern for the consumer!"
N5EXY Champion Author Austin Posts:3,190 Points:1,045,155 Joined:Jul 2004	Message Posted: Sep 9, 2010 8:34:47 AM Ignore N5EXY Report Abuse Scaling back social programs? Like the war on poverty that put everyone on welfare? You betcha!!