- Apr 12, 2008
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Obama lie: Oil company business expenses are “tax giveaways”
Posted by Steve M on May 14, 2011 at 9:19 pm | Share via e-mail
This is out of control. On May 3 I wrote about how the left, President Obama and Democrats can’t admit that what they refer to as major “subsidies” are simply ordinary business expenses. Now Obama has used the word “giveaways” in a direct email campaign looking for donations.
The left, a commenter or two, and a quite a few of you who took the time to email me suggested I was playing with words, suggesting the difference between business expenses and subsidies is just semantics.
Oh hell no.
What the lefty/progressive/statists want people to think is that the federal government provides handouts of cash – your tax dollars – to big oil companies to help them run their business, make more profit and screw the taxpayers. Don’t you dare tell me this is not how they want to present the issue.
They are liars. Are you actually believing this crap?
Let’s take a look at the most recent email sent out by the president’s campaign team. It provides a clear example of how they want you to think the federal government hands cash to big oil.
I spent this week moving boxes and getting set up in our new campaign headquarters in Chicago, but something happened in Washington that I want to make sure you know about.
The CEOs from the five major oil companies — which together booked $36 billion in profits in the first quarter of 2011 alone — went to the Senate on Thursday to try to justify the $4 billion in tax giveaways they’re receiving this year.
It’s a head-smackingly obvious example of how broken Washington is that there’s even a question about this. These companies don’t need and don’t deserve taxpayer money — especially with a budget deficit to close and gas prices at or near record highs.
Even worse is the fact that when the Senate tries to strip these oil company giveaways, it’s likely that a minority of senators will block a vote from happening. And even if the Senate manages to pass a bill eliminating the giveaways, there’s little chance it will be brought up for a vote in the House. …
This is completely and totally unacceptable. Go ahead and give it a shot and try to justify these outright lies from Barack Obama. Business expenses are not tax giveaways, oil companies are not receiving one dime of taxpayer money. Those are outright lies.
What you have to remember here is that for Barack Obama, the left/progressive/statists and socialists, the money does not belong to you. It does not belong to business – it belongs first and foremost to the federal government and they will “dish it out” as they see fit.
As far as they are concerned … it’s not your money.