Green Options » corporate taxes http://greenoptions.com/tag/corporate-taxes Posts tagged 'corporate taxes' Wed, 27 Aug 2008 08:37:50 +0000 http://wordpress.org/?v=2.5.1 en Obama Hood: Taxing Big Oil to Give Americans Another Stimulus Check http://redgreenandblue.org/2008/08/27/obama-hood-taxing-big-oil-to-give-americans-another-stimulus-check/ http://redgreenandblue.org/2008/08/27/obama-hood-taxing-big-oil-to-give-americans-another-stimulus-check/#comments Wed, 27 Aug 2008 08:37:50 +0000 Jennifer Lance http://redgreenandblue.org/2008/08/27/obama-hood-taxing-big-oil-to-give-americans-another-stimulus-check/ Robin Hood StatueUnemployment rates in the United States hit a four-year high in July, and inflation rates have risen 1.32% since January 2008.  In fact, economists believe inflation is the greatest threat to the US economy and worry the energy-driven rise in prices will become permanent.  Senator Obama’s response to the dire economic outlook is an “Emergency Economic Plan” that would take from rich oil companies experiencing record profits and give back to the American people in the form of stimulus checks, as well as invest $50 billion in states and infrastructure.

Obama’s Emergency Economic Plan

Unlike McCain, who can’t remember the price of gas or how many houses he owns, Obama recognizes working Americans are struggling.  In response to the current economic crisis, Obama’s Emergency Economic Plan offers both long and short term solutions.  In a move reminiscent of Robin Hood, Obama would take from rich oil companies and give to the American people. The emergency plan also includes a $50 billion stimulus package designed to save 1 million jobs. 

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