There is no way that a tax on oil could be a good idea at this time.
Pros & Cons Of Obama's $10/Barrel Oil Tax
Courtesy of ZeroHedge
With President Obama unveiling his $10/Barrel tax plan to fund government-subsidized public transportatation (versus an individual's choice over his method transportation), we thought a glimpse at the pros and cons of such a choice may be useful…
Weighing factors such as convenience, time commitment, and enviornmental impact, deciding whether to commute via your own fossil-fuel-powered car or government-provided unicorn-fueled public transportation can be difficult.
Here is a side-by-side comparison of the two options…