Beware of H.R. 4213

Amid the Gulf Coast oil spill crisis, Congress is ready to do what it does best:  raise taxes. According to H.R. 4213, tax prices will be raised up to 32 cents a barrel to clean up the mess BP is (or should be) responsible for . However, that is not the suprise. It is estimated that the increase could sum up to $11 billion for the next decade, but this tax increase is only apart of the $200 billion Congress had added for other purposes.