Federal Tax & Bailout 2008

Obama’s Windfall Profits Proposal General Comments During the campaign and as late as August 1st, Senator Obama (D-IL) proposed to provide $500 per person or $1000 per family to supposedly compensate America for the burden of high gasoline and home heating oil prices for a 4-month period. That will cost about $75 billion. I know how that makes sense to buy votes for an increasingly socialist America. Of course, it does not make sense for capitalism. For years on this site, I have argued