2008-09-01

Palin the Tax Hiker

Did McCain know Palin supported Obama's $1000 energy rebate? Did McCain know Palin passed a huge tax increase that took the form of a windfall profits tax on the oil companies?
Earlier this month, Gov. Palin praised parts of Obama's energy plan. The link to the press release was not working as of 12:30 p.m. ET. But Google saves everything.

Palin Pleased with Obama's Energy Plan


August 4, 2008, Fairbanks, Alaska - Governor Sarah Palin today responded to the energy plan put forward by the presumptive Democratic nominee for President, Illinois Senator Barack Obama.

"I am pleased to see Senator Obama acknowledge the huge potential Alaska's natural gas reserves represent in terms of clean energy and sound jobs," Governor Palin said. "The steps taken by the Alaska State Legislature this past week demonstrate that we are ready, willing and able to supply the energy our nation needs."
...
Governor Palin also acknowledged the Senator's proposal to offer $1,000 rebates to those struggling with the high cost of energy.

"We in Alaska feel that crunch and are taking steps to address it right here at home," Governor Palin said. "This is a tool that must be on the table to buy us time until our long-term energy plans can be put into place. We have already enjoyed the support of Alaska Senator Ted Stevens, and it is gratifying to see Senator Obama get on board."
Everyone loves Obama... until they're getting paid to hate him.

As for the windfall profits tax on the oil companies, I found a better writeup somewhere, but it's lost into the Blog Ether. This, form the Seattle Times, will have to do:

Republicans in Congress this June united to defeat a proposed windfall tax on oil companies, deriding it as a bad idea that would discourage investment in U.S. oil exploration.

Things worked out far differently in the GOP stronghold of Alaska, a state whose economic fate is closely tied to the oil industry.

Over the opposition of oil companies, Republican Gov. Sarah Palin and Alaska's Legislature last year approved a major increase in taxes on the oil industry -- a step that has generated stunning new wealth for the state as oil prices soared.

The Norquist tax-jihadist crowd can't be happy about this, can they?

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