Tax the Oil Traders?

" Want new round of tax the oil traders. -- tax -- oil like I've heard. Or oil traders trade deals oil was little diary accounts handled all right after this spirited folks at new legislation working its way around Capitol Hill Massachusetts Democrat Michael -- a lot of isn't. The biggest fan of the way business is done on Wall Street -- seems right up his Alley welcome back to happy hour congressman. Glad to be back I think that the yeah. Eight. Okay you wanna tax the oil traders we actually have this what that hit or miss segment where we decide whether we like it or not. The guys didn't like it and I like did what his opinion one that was bright really I think yeah it's about time that you you find creative way. -- attacks do racist act we have to pay for the bridges. For the pot the fill the potholes you don't have enough money you can't tax -- anymore it's -- comes from someplace."

" And that's exactly it. I've been one who who support this particular proposal but not as an exclusive proposal which is good as any. We do have to find money to fix those roads and bridges and and Boston's more subways and commuter rails and non interest and if we don't have the money would not commit would do it it's really quite simple if it's not this then I would ask where should we get."

" By the idea of a 787 billion dollar stimulus package. Or why don't we just continued attacks -- and use of what you want to tax but -- it seems that Democrats solve every problem by putting a tax on something. Taxing oil -- are you kidding me -- as well how much money -- number one number so. You want to take liquidity out of the system is going to. -- drive prices are all about this how about taxing the user how about taxing at the pump iron and nineteen point four -- two or three or four cents a gallon more. And then they use are all of those highways will pay for I have an idea. Stop taxing everybody."

" For well you can have a full blitz I I have no problem taxi the end user just right now they're not the votes in congress -- Number one knows how to socially and saying this attack -- second right tackle any honeymoon we look at the Wall -- up populists attack the crap out of Adam and Obama no no no it's it's it's an attempt to find something that's related to gasoline at least from my perspective others may have other reasons. I'm not trying to tax won't really more than thirty tax."

" I'm simply trying to find ways to get the money to fix the subways in the commuter rails in the bridges and as a major title being built right into Wall Street right now as we speak. That money has to come from somewhere about a dozen companies that's fine I I actually would prefer the gas tax but the most something of the votes outfits either that or do nothing. Try to find out from that this is open."

" Representative I mean the thing that hurts me from the beginning has -- you guys both Republicans and Democrats found. Trillions of dollars or 800 billion dollars at a minimum adjacent to the shareholders -- Wall Street can't. I'm really needs time like -- important money didn't."

" Did not politic attaching any. The paper this you have to take you didn't know I don't know better than I'm sick to death you know really no better than -- indictment -- going to be taxed because she owns or."

" You know you know better than that you know -- I don't find the money you know that we borrow the money."

" You know we -- again and if you don't but still tell it's. So important. And you also know that that is not the way we should be going its way to go when an emergency and the dire situation of the entire economy is coming down. Now I notice some people would be without and that's fine. I happen to think that the economy was about to collapse I thought was necessary because. Not what you do in the normal course of events and I would never supported the normal course of events for roads and bridges of any of a normal situation as an unusual situation. Well yeah so that's that's that's a fair point well."

" Dead air was asking that you won't raise any money from this and I know some of the critics out there saying net then they're going to take their traits to other exchanges overseas so you won't get your money. Anyway can you address those -- a lot of money when you make off this tax."

" I don't I don't know Murakami head went. Again that that's that's the point is go to paradise -- don't you think you should if you're proposing a tax don't you think you should have felt the top and I didn't. Lot I you have I have heard anything that would bring have been the new talent and I don't look for the -- Salami and here's what will happen I -- taste as I've I I've done this 23 years if you put a tax on exchanges here in the US it will simply go to Europe it's a very simple transition. I'll do my business over there therefore you don't get taxed -- you don't you don't. Get the tax revenue in the United States you've driven. Business overseas and then you're you know and the rates gasoline."

" Anything that we get and it's amazing we get any business taxes from anybody because every time we raise business taxes while we talk we look at. Yeah affected we get that same argument we're all going to -- sure we're all going to run away we're all going to hire someone well as parents to some but for the most it doesn't happen."

" it's hard to remain he's your colleague congressman Peter Defazio. That is going to raise a 140 billion. And you guys have a gap of a 190 billion so we'll obviously be more than enough to fill that gap and this is for the yet transportation congress the highway trust fund."

" We're just about out of time I I I simply would ask -- did you read the 1200 that don't don't -- page bill that passed it on Friday and congress for a cap and trade. I read oriental economics. -- read the best they could actually did not."

" actually you have somebody in your step it's summarizes the 1200 -- humans and Asia. We have staff."

" Everywhere reading every bill that comes along. Including these bills I mean what I can my staff presented we have other staff and it would ever happen there is no human being who could possibly know every issue so. Don't don't -- stuff you can't. You wouldn't you would have no votes than anything you can't no human being could know everything you've -- every one of those bills it's possible thank you know which."

" So let's quit --"

" I don't know -- hey they can so much harassment thank you very much reviewing unit against the great time already have yet we're right at. You kind of you know."