Chavez May Thank Democrats for H.R.5351

Yes, he can thank Rep. Charles Rangel (D-NY) and 36 co-sponsors, all democrats, for passing H.R.5351, to provide incentives as only Democrats can. What they call tax incentives, is actually an $18 billion tax increase on oil companies and oil producers. But not all companies and producers. CITGO, Hugo Chavez’s oil company (as opposed to the other U.S. oil companies that he seized in Venezuela last year) would be exempt.

So this is how Democrats in Washington plan on fixing our energy problem of high prices and oil dependency? You punish the only people here that can help, and you reward the hemisphere’s idiot, Hugo Chavez. And as an added bonus, we continue to be dependent on OPEC, Venezuela, and Russia for resources that we have but are unwilling to get ourselves.

On February 27, the Democrat-led U.S. House of Representatives passed H.R. 5351 — legislation that increases taxes some $18 billion on American oil and gas producers — guaranteeing higher prices at the gas pump for U.S. consumers — while at the same time leaving intact tax breaks for Venezuela’s state-run oil company CITGO.

That’s right; the House-passed legislation exempts one of the most anti-American dictators in the world, Hugo Chavez, from the massive tax increase.

The Sierra Club, a Democrat special interest group, refers to this bill as ‘climate change legislation.’ No surprise there. The next stop for the bill is the Senate. Now would be the time to let your senators know your objection to this bill.

related link: Center for Individual Freedom