Pros and Cons of Obama’s $10 Barrel Oil Tax

Assuming you own some stocks, it’s probably a good idea to distract yourself and avoid headlines this weekend. For instance, 22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just The BeginningThe rout could continue next week. Here’s why, and Citi: World economy trapped in ‘death spiral’. Although this one’s interesting.

Pros & Cons Of Obama’s $10/Barrel Oil Tax

Courtesy of ZeroHedge

With President Obama unveiling his $10/Barrel tax plan to fund government-subsidized public transportation (versus having a choice over the method of transportation), we thought a glimpse at the pros and cons of the choices might be useful.

Reporting by The Onion.

Weighing factors such as convenience, time commitment, and environmental impact, deciding whether to commute via your own fossil-fuel-powered car or government-provided unicorn-fueled public transportation can be difficult.

Here is a side-by-side comparison of the two options…

Source: The Onion

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