So, Exxon-Mobil's rolled up over 40 billion in profits over the last year.  The question in Washington seems to be, "How do we get our hands on some of that?".  In fact, Hillary is talking about resurrecting the windfall tax on oil profits.  In typical big government fashion. the politicians are approaching this the wrong way.  If they want to get some of that back in to the hands of the people (of course, I'm making the assumption that that is what they actually want to do), increasing taxes is not going to be effective.  I, however, do have an easy solution.

Repeal the dividend tax.




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Posted by: jcallery at 10:32 PM | No Comments | Add Comment
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