Reviews start here.
Let me explain something:
If you invest $100, and you earn $10. you have earned 10% return on your investment,'
If you invest $100 000 and you earn $10,000, you have earned 10% percent on your investment,
If you invest $100 billion, and you earn $1o billion, that is a 10% of your investment.
So when congress talks about a windfall tax on oil companies, remember this: They invested $100B to make $10B. That is not windfall profit. That is conservative investment
Check out the earnings profits of pharmaceuticals and banks. They earn on average %20 percent on their investments.
Earning $10B is not windfall. It is a conservative return on investment. If Congress decides to tax the oil companies on so-called windfall profits, they will just stop drilling.
Stop being dependent on foreign oil:
Gladly - Let them drill off of Florida, California. and North Alaska.
Meanwhile, enjoy your SUVs!
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