While home business people can deduct business related travel as some relief for the huge price of oil, you’ve got to wonder if some Monkey Business isn’t going on.
For instance Senator (and former Presidential Candidate) Christopher Dodd got a sweetheart deal from a lender he is now trying to bail out.
Another reporter noticed that the people dissing the “Big Oil Companies” the loudest are very heavily invested in them through their state pension plans.
Could they be threatening “windfall profit taxes” to drive down the stock prices so they can snap up more shares “dirt cheap” for their pension plans since many state pension plans are underfunded and need big winners in the long term to stay solvent? They’re in a position to do so simply with their remarks which can alter the market.
I’m just kidding. I’m not sure they’re that far sighted, and I think this is just the impulse to tax anything that moves at work. Or as in the Countrywide scandal that’s emerging, jockeying for some cash money in the campaign coffers in lieu of windfall profits taxes that would just go to state budgets.
In the meantime, work at home business people are just wondering - along with the rest of the US - how to make ends meet.
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