Maybe Democratic Party Speaker of the house needs to call for a “Windfall Profit Tax” on this industry?
Democratic Party Speaker of the House Nancy Pelosi (D) and her party has been quick to call for “Windfall Profit Taxes” placed on the oil industry and companies for the “outrageous” profits these companies have been making. Now since we are not focusing on this debate right now for many have posted about this topic, lets not worry about facts like the oil companies make a $.07-.09 cent profit per dollar revenue as compared to the high percentage of state & federal taxes per dollar on the same product.
Democratic Party Speaker of the house Nancy Pelosi (D) leads the House of Representatives side of Congress and Democratic Party Harry Reid (D) leads the other side of Congress in the Senate and combined the U.S. Congress is maintaining a 14% approval rating. But yet Democratic Party Speaker Nancy Pelosi (D) has call the President the worse ever and several from her Democratic Party has called this economy the worse since the depression…
I found it very interesting that while in the middle of the “worse economy since the great depression” I read today that this past weekend was the best grossing movie week in history. It seems that the people, the same people who approve of the Congress performance at 14%, have flocked to the theaters to forget their dire economy and status in life…
Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Media By Numbers LLC. Final figures will be released Monday.
1. "The Dark Knight," $155.34 million.
2. "Mamma Mia!", $27.6 million.
3. "Hancock," $14 million.
4. "Journey to the Center of the Earth," $11.9 million.
5. "Hellboy II: The Golden Army," $10 million.
6. "WALL-E," $9.8 million.
7. "Space Chimps," $7.4 million.
8. "Wanted," $5.1 million.
9. "Get Smart," $4.1 million.
10. "Kung Fu Panda," $1.8 million.
Media by the Numbers reports gross sales for 2007 at $9,680,000,000 (Billion)…
"that net profit margins on DVD sales are 50-60%, while the lingering VHS business sees 20-30% net profit. To put this into plain English, your average $20 DVD apparent costs around $9 to produce, advertise, distribute, etc., leaving about $11 on top as pure profit."