If Hillary were allowed her gas-tax holiday and taxed oil companies, would they not simply raise the prices?

Does anyone actually buy into Hillary's say-anything rhetoric?If Hillary were allowed her gas-tax holiday and taxed oil companies, would they not simply raise the prices?
Taxes do nothing more than add additional expense to a company's operating budget - and ALL of a company's operating budget is passed eventually on down to the consumer.


Taxing windfall profits over a determined and fair margin makes much more sense and removes any incentive the company may have to raise prices even higher.


You are correct, under Hillary's ';tax the company's'; policy, the tax would only be reflected in the retail price.If Hillary were allowed her gas-tax holiday and taxed oil companies, would they not simply raise the prices?
Usually there is built in language to prohibit that.


As there was when windfall oil taxes were used during the Nixon administration.


At least her plan wouldn't deduct the money from the government, its paid for with that money from the windfall profits of the oil companies.


McCain's plan offers us a federal tax holiday, with no make up for revenue from anywhere. Cutting earmarks isn't the same as getting the actual money.


One is in the hand, the other is speculative and relies on bureaucrats to cut their lifeblood. That's not going to fly on either side of the aisle.
Why would the oil companies, increase the price of gasoline,





Because the federal government, stopped taxing it ?





That makes no sense at all.





The federal tax on gasoline, cost the oil companies nothing.





They aren't taxing th oil companies, it is a tax on us consumers.
Yes, the oil companies would react by filling the void by raising gas prices even more, and yes, Hillary is just doing her normal say-anything vote-pandering act.
At least McCain wants to pay for it by cutting spending on earmarks. Could probably do it just by cutting Hillary's earmarks.
I don't see how removing the gas tax would raise the price, but increasing taxes on oil companies certainly would.
Yes the oil companies would raise their prices to fill the gap left by not having taxes. It would not save us any money in the long run.
her listening audience is the minority.... lmao
If they put through a windfall tax on oil companies, guess who pays for it, WE DO!
...but....but....that is too obvious