You talk about wanting to give some tax relief to the working Americans, but in your budget that you passed here last week, you cut earned income tax credit, which is going to be a tax increase to working Americans. It seems to me if you wanted to make sure that the consumers get the 4.3 cents benefit from the repeal of the tax cut, that it should be mandated that it be passed on. You have two letters. I do not know how many oil companies there are in the United States, but that is not even 1 percent of the oil companies in the United States. And if it is such a great idea, why do you not make it permanent? Why did you not go back and pick up the 10 cent a gallon tax that your Presidential candidate helped put on several years ago, and make it like 15 cents? Repeal the whole 15 cents and give the consumer a real break on gasoline prices. This is something that just does not make a lot of sense to me, unless you can mandate the consumer gets the benefit of the tax cut.
Willie Hefner: “You talk about wanting to give some tax relief to the working Americans, but in your budget that you passed here last…”
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Discussing tax relief and the impact of budget cuts on working Americans.
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