By Chairman Matt Pinnell

There is going to be every effort made to put private enterprise on trial this year. We've seen the class warfare tactics from this President, and now with Congress (unfortunately) returning to work in D.C., we are seeing the same dangerous tactics on the legislative front. 

Six House Democrats – led by the incomparable Rep. Dennis Kucinich – want to set up a “Reasonable Profits Board” to control gas profits. That's right, Democrats want to pass a bill in Washington that would tell private citizens what a "reasonable" profit is. It's the latest unreasonable idea from Democrats and probably their most dangerous yet.

Claiming to be worried about higher gas prices, the Democrats want to set up a board that would apply a “windfall profit tax” as high as 100 percent on the sale of oil and gas, according to their legislation. The bill provides absolutely no guideline for how the board would determine what constitutes a reasonable profit. If Democrats are truly worried about higher gas prices then they would stop pandering to liberal environmental groups and approve the Keystone XL pipeline.

The Gas Price Spike Act, H.R. 3784, would set up a Reasonable Profits Board made up of three presidential nominees that will serve three-year terms. Unlike other bills setting up advisory boards, The Hill newspaper reports that the Reasonable Profits Board would not be made up of any nominees from Congress.

The Founders devised a Constitution designed to stop what they called 'wicked schemes' to take wealth from one segment of the nation and distribute it to another. The great businesses in this country didn't come about through government-engineered equality or Reasonable Profit Boards. This country was built upon the ideals of private enterprise and capitalism, ideals that have made us the envy of the world. Ideas such as Reasonable Profit Boards, however, are a wicked scheme that further threatens to destroy our founding principles. November couldn't get here fast enough.

Tags: Gas Price Spike Act, Keystone Pipeline, Keystone XL, Matt Pinnell, Reasonal Profits Board

About the Author: OKGOP