.........Countdown to starvation

69conv said
So the last time we went thru this Congress called in the heads of the US gas companies to grill them (read save their voters). When asked about the ridiculous gouging one company president said to the others "I got this one". He said "We need to put the prices at this rate cause we need to cover costs when prices are low". WTF. So Congress levied a "windfall profit tax". Nothing about getting the prices at the pump reduced, just a chance for the government to share in the robbery.

Cost averaging over a year is good business sense. The fact that the government added a tax to the profits helped keep the rest of us from bearing some of the burden of federal tax deficit.

Everything costs money and having the government get some of it from Corporations ahead of the individual tax payers isn't a bad thing.

The World of business, finance costs, and taxes is a complicated place.