Well... At Least He's Telling It Like It Is...

[WillyT]

GOP Rep. Posey Mocks Critics Of Big Oil: ‘Quit Trying To Play Pin The Tail On The Donkey!’
By Zaid Jilani - ThinkProgress
Apr 9th, 2011 at 12:00 pm

<snip.

Last month, the entire House Republican caucus voted to defend corporate welfare for Big Oil, stopping any attempt to remove billions of dollars of subsidies for the industry. Many of these companies exploit the tax code to pay very little in taxes, with companies like Exxon Mobil paying absolutely nothing in federal corporate income taxes in 2009.

On Thursday, Rep. Bill Posey (R-FL) took to the floor of the House of Representatives to mock those who are outraged about the protection of subsidies for Big Oil, while services for Main Street Americans are slashed. He jokingly called them the “evil oil companies” and said that “corporations don’t pay taxes. Corporations collect taxes.” He instructed critics of Big Oil to “quit trying to play pin the tail on the donkey,” suggesting that they were unfairly targeting the industry:

POSEY: Those evil oil companies, the answer to all our problems is to tax them more. As if the members of this body and the public is stupid enough to think that at the end of the year those big oil companies are just going to write a check for another zillion dollars. Let’s say we tax those evil oil companies another dollar a gallon. They’re not going to write the check, we know what’s going to happen, they’re going to raise the price a dollar a gallon. Or given the corporate greed we sometimes see round it off to two dollars. Corporations don’t pay taxes. Corporations collect taxes. They collect taxes from consumers who ultimately pay the tax. You add a tax to a product and a consumer’s going to pay more. It doesn’t pass the straight face test. I wish we would quit, as the gentleman from the Texas said, quit trying to play pin the tail on the donkey. We know corporations don’t pay taxes. Consumers pay taxes, corporations just collect it.

<snip>

Link (w/Video): http://thinkprogress.org/2011/04/09/exxon-posey-corporate-taxes/

:wow:

[yourout]

1. That should make a good add for whoever runs against him.

[pacalo]

2. "I told ya so!"

[DJ13]

3. Damn, Steven Tyler looks like crap!

:rofl:

[WillyT]

5. ROFLMAO !!!

You bad!!!

:spank:

:rofl:

:evilgrin:

:hi:

[pacalo]

7. "But I got it going on in the jacket department!"

[angstlessk]

4. That is the one thing I have been confused over...THEY SAY ...ALL TAXES ON CORPORATIONS ARE CHARGED

TO THE CONSUMER...SO WHAT IF THEY ARE CHARGED 100% TAX...IF IS JUST CHARGED TO THE CONSUMER...

They either lied THEN..or they are lying NOW...which is it?

[RickFromMN]

6. Why should oil companies pay state taxes, I mean, collect taxes for states?

Begin sarcasm.

I live in Minnesota.

why should oil companies pay taxes to Texas, Alaska, or North Dakota.
Oh wait...oil companies do not pay taxes, oil companies collect taxes.

why should oil companies collect taxes from me to give to Texas, Alaska, or North Dakota?

I call that taxation without representation. I don't get to vote in Texas, Alaska, or North Dakota.
How does the taxes the oil companies collect from me, on their behalf, benefit me?
I shouldn't have to pay taxes to Texas, Alaska, or North Dakota!

Oh wait...I guess it's okay for Republican, Tea Party states to have oil companies collect taxes from me,
but not the federal government. I didn't understand how this works.

End sarcasm...grumble...grumble.

[xchrom]

8. And the public can choose to buy less.

I know - such a hard choice.

[Logical]

9. True!