Classic Obama: FY2015 budget would hike taxes by $100 billion on the one industry that’s thriving « Hot Air: "Read: The shale boom has happened entirely incidentally to the Obama administration’s policies, offering an unexpected boon of economic growth and job creation that their own paltry policies have largely failed to produce. In their dream world, their preferred reaction to this windfall is to heap billions of dollars worth of taxes onto oil and gas companies (consumers — this means you!) to pay for their most fantastical stimulus-driven whims — and (mind-blowingly regressive) higher energy prices on fossil fuels is just an added bonus!
Reducing federal spending and regulations, thereby making it easier for businesses to grow and hire and leaving that money and capital in the private sector for investment? Pish tosh!"
'via Blog this'
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