Barack Obama walks into a bar. This could be the first line of a great joke, which is what BO proposed today. A $10 per barrel oil tax? From a lame duck president? With a Republican controlled congress? What a screamer. I'm sure Bernie will endorse this tax. Will Hillary?
Even if BO was serious, which of course he is not, who would this tax benefit, and who would it hurt? Millionaires and billionaires would never change their behavior on account of this tax. But a family of four with annual income of, say, $50K, would be devastated. More proof that Democrats are stupid.
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