Thursday, January 19, 2012

Using Atlas Shrugged As a How-To Manual

Because the windfall profits tax worked so well the first time around. Duane Lester reports that Congressional Democrats are floating the idea of a "Reasonable Profits Board."
This socialist panel would be able to levy “Windfall Profits taxes” of up to 100% on any profit they deem unreasonable.

Of course, the question that needs an answer is, what define “reasonable.” Liberals treat unreasonable profits like porn. They’ll know it when they see it.
Of course, some of them believe all profits are unreasonable. There are more than a few on the left who won't be satisfied until there is a regulator in every staff meeting of every company in the country monitoring and micromanaging every decision.

But if their intent is to make alternative energy cost competitive by making gasoline more expensive, they're on the right track with this one.

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