Democrats Pass Tax Relief For Communist Dictator And Raises Them On US Companies

Michelle has the dirt on this latest malfeasance by the Pelosi led House in their latest "no energy" energy bill. It would raise taxes by the billions on US oil and gas companies while keeping open a loophole for Hugo Chavez's Venezuelan Citgo corp. meanwhile China and Venezuela can drill for oil off the coast of Florida around Cuba and the Democrats won't let US companies. Of course those taxes will just be passed on to consumers and not just at the gas pump as the plastics industry and cosmetics industry also rely on oil by products. Michelle has lots more but here's a clip from a CNS article she links.

House Republicans criticized energy legislation passed late Wednesday, saying that it would raise taxes on the oil industry but give tax breaks to Venezuelan President Hugo Chavez and the state-run oil company CITGO.

“Middle-class families and small businesses are feeling the squeeze from rising costs for gasoline, food, and other costs of living,” said House Minority Leader John Boehner (R-Ohio) in a statement. “Unfortunately, the Democrats’ ‘no energy’ bill will only make matters worse by raising taxes and setting the table for even higher prices at the pump.”

The House passed the Renewable Energy and Energy Conservation Tax Act of 2008 on a vote of 236 to 182. Senate Democratic leaders have indicated they would fast-track the bill to try to avoid a Republican filibuster…”It actually carves out tax breaks for Venezuelan dictator Hugo Chavez - courtesy of American taxpayers,” said Boehner. “This is unacceptable, and the Democratic leadership is irresponsible for bringing the bill to the House floor.”

“I am disappointed that the Majority voted down a Republican proposal to eliminate the tax relief for Hugo Chavez and give it to those who need it most: middle-class American families,” he said. “The largest tax increase in American history is on the horizon, and House Republicans are committed to stopping it.”

At least President Bush says he will veto it and the Dems don't have enough votes to override it. If the goal is to get off foreign oil why are the Democrats want to give Chavez a tax break? We have enough oil in the US to last hundreds of years if we could just tap it and increase refineries to refine it. The Dems say they are the party of the little helpless people but all their proposals only hurt the very people they claim to represent by driving up the costs of everything from fuel to food to even clothing and keeping your home warm or cool. I may be a moron redneck but I still have more brains than even the smartest Democrat in Congress. It is all straight out of the Socialist playbook, control energy and food and you control the people and don't even get me started on the absurdity of bio-fuels replacing fossil fuel based energy. Here is a great resource for those that are interested, The Energy Tribune.