Why do liberals think that the oil companies will not pass on any tax hikes to the consumer?

Question

By increasing taxes on oil companies, isn't that just going to be coming out of our pockets? They are not going to suffer by an tax increase, we will see it in the prices at the pump.

Answer 1

They believe this because that is what they have been 'spoon-fed' by the liberal media.

Answer 2

The liberals don't think that, they know d**n well the oil companies will pass it on. They don't believe it's Nancy Pelosi and the democrats  fault that we're paying 4 bucks a gallon for gas.  And it's fixin to come back and bite'em in the ***.

Answer 3

Liberals already know that big businesses pass on every single thing to the consumer....

Answer 4

Actually, oil companies could do something far worse for American interests... move their operations overseas.  Why pay all of your profits as taxes if multinational corporations can just move their headquarters elsewhere and take their billions in tax payments to another country?  Considering that the majority of American oil company profits are actually EARNED overseas, this wouldn't be a major issue (they make their money on drilling, not on refining).

Answer 5

What makes you think they will keep prices low. Isn't this a way to atleast make sure we get something. Just being in fear of them isn't getting us lower prices. So they raise it but we got the money from their tax isn't that better than doing nothing. You logic is like saying "Bush keep us a safe country when 911 actually happened on his watch" can you see how this doesn't make any sense? We don't know whether they will raise taxed but you don't know that they aren't going to raise them without the tax so atleast we are standing up & doing something, rather than being in fear. It is a risk that won't kill, maim or take us any broker than we already are. It is called a managed risk.

Answer 6

I see you all take pride on being ignorant.

Answer 7

Most liberals do not understand basic economics.

Answer 8

Because if they do we will then have to take more measures that would ultimately lead to the oil companies being forced to give up control of their businesses. In other words, the oil companies are really not holding the cards. Gas prices will come down one way or another. They will pay the taxes without passing them on or the government will take over the industry.

Answer 9

Have you ever met a thinking liberal?  ......I rest my case.  

Answer 10

This country needs neither oil nor those who sell it. Neither does this planet for that matter.

Thomas, Could you please act your age? You disagree with us, I get it. Trust me, I hear you loud and clear, but you are acting 5 years old on every post, and if you continue to do so, I will make you look like a bigger idiot than you can possibly imagine. Do not p**s me off.

Answer 11

Because any party that would put at the head a person with one year experience knows nothing about the economy.

Answer 12

Because they are witless, clueless, and very gullible.

Answer 13

O you rightists who call liberals socialist, then why don't we liberals actually practice price control???

Answer 14

They can't see beyond 'big oil bad, taxes good.'

Answer 15

Your question answers itself - LIberals -  by definition don't understand economics - if they did, they would be Conservatives.

Answer 16

Because their thinking never gets that far. Economics 101.