Political Quotes

“all over this country, the American people are troubled by the fast increasing price of gasoline. The oil companies are making billions of dollars in windfall profits while families have had to tighten their budget. While families have experienced less money for food, clothing, shelter and education, the oil companies continue to rake the American consumer over the coals. The fastest way to bring relief from these high prices is to eliminate the price gouging by the oil companies and reduce demand. I have submitted a bill called the Gas Price Spike Act of 2005, which will discourage price gouging and reduce demand by implementing, first, a windfall profits tax on gasoline and diesel. Such a tax is to be imposed on key oil industry profits that are above a reasonable rate of return. If the oil companies are collecting excessive profits, they should be subject to a stiff tax on those excessive profits. It is time to stand up for the American consumers and take on these oil companies. ____________________”