Just bad business
Our Congress continually insults our intelligence when it proposes putting financial and/or regulatory burdens on our industries and businesses ostensibly to save us taxes.
Any thought whatsoever applied to the practice tells us that any time a load that costs money is put on any firm, that cost will have to be recovered by the industry via the price of its product or service. So, who picks up the eventual cost? Answer: the consumer. It seems this is just a ploy to give us yet another “hidden” tax.
Take the recent move by the House to take some tax “breaks” from the oil industry and impose still more of a tax burden on them. What will that do to the price we pay for gasoline?
Are we to believe Congress overlooked this result or does it simply rely on the apathy or ignorance of the public?
If any of these representatives are not aware of the consequences of such actions, they should not be in office. Not a bad idea. Don Pixley Ocala, Florida