October 27, 2004

crude surtax ?



 crude gets pumped 
out of the ground 
at about 
a 6 million barrell rate 
per day 
here in the states 

 its pure rent mostly 

lets tax it
like lots of countries do 

it won't effect
our  price at the pump 
 one whisker

that iz 
if we don't let
 the big  fucker's 
manipulate
   market  matters 

================================ 


  easiest way?

  set a bench mark price

figure output levels
 
find "the full output" 
  price 

the real price 
is prolly way less

but lets use 
  $ 25 per B 

now we just 
tax away the rest 

at $ 50"market price"

thats a wind fall profit tax 
                            revenue 
    of
6 mill x  $25 x 365 = around 50 billion bucks !


now be shrewd and 
pour that all back into
 the coffers 
    of the states 
where the oil was pumped 
  " states are sovereign 
              over their resources "


=======================================
Posted by pinky at October 27, 2004 02:39 AM

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