Did We Subsidize Ethanol?

Discussion in 'Economy' started by KissMy, Dec 7, 2012.

?

Did we subsidize ethanol with tax breaks?

  1. Yes

    5 vote(s)
    83.3%
  2. No

    1 vote(s)
    16.7%
  1. KissMy
    Offline

    KissMy Free Breast Exam

    Joined:
    Oct 10, 2009
    Messages:
    12,060
    Thanks Received:
    2,144
    Trophy Points:
    255
    Location:
    In your head
    Ratings:
    +2,920
    Did we subsidize ethanol because we taxed it 45 cents per gallon less than gasoline at the pump?

    Yes or No?
     
    Last edited: Dec 7, 2012
  2. martybegan
    Online

    martybegan Gold Member

    Joined:
    Apr 5, 2010
    Messages:
    29,278
    Thanks Received:
    3,998
    Trophy Points:
    290
    Ratings:
    +10,899
    Oooh! a new thread!

    To me subsidizing involves a direct payment to a person, not a reduction in thier taxes. It would only be a "subsidy" if the money was the states to begin with, and through its generosity, it asked for less of its money back. To me money belongs to the person who earned it, and it is up to the government to show why it should have a portion of it via taxation.

    Which leads to the conclusion that it cannot be a subsidy unless the government gives you money above and beyond that which was already yours.
     
  3. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,934
    Thanks Received:
    5,211
    Trophy Points:
    270
    Ratings:
    +7,676
    What crop gets HUGE Gov't Subsidies? Corn.

    What's Ethanol made of? Corn.

    Are you saying you get that money back at the pump? How bout just not paying it in the first place?
     
  4. Toronado3800
    Offline

    Toronado3800 VIP Member

    Joined:
    Nov 15, 2009
    Messages:
    3,572
    Thanks Received:
    274
    Trophy Points:
    85
    Ratings:
    +355
    It is really splitting hairs on the definition but regardless the government has created an uneven playing field.

    Not that I am in particular for or against it. I see both sides of this issue.
     
  5. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,104
    Thanks Received:
    9,264
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,387
    Let's back up a bit... ethanol replaced methanol. There was no issue with methanol other than the fact that the Agriculture industry needed it out of the picture before they could institute their ethanol fraud.

    Next, initial EPA testing revealed that ethanol blends exceeded then-existing limits. So, rather than adjust the blending or formula the EPA re-wrote emission standards to accomodate ethanol blended fuels.

    Then came the blending mandate which guaranteed a market for the product.
    Then it was exposed that ethanol plants spew a host of pollutants.
    Then Agriculture fought for a mandated 20% blend rather than the current 10%.

    Yadda yadda yadda. Is there no end to this bullshit?
     
  6. KissMy
    Offline

    KissMy Free Breast Exam

    Joined:
    Oct 10, 2009
    Messages:
    12,060
    Thanks Received:
    2,144
    Trophy Points:
    255
    Location:
    In your head
    Ratings:
    +2,920
    So is that a yes?
     
  7. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,104
    Thanks Received:
    9,264
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,387
    Kimmers, you're obviously well-versed on the subject. Is this a set up?
    Why don't you just spill the beans ya got. :D
     
  8. KissMy
    Offline

    KissMy Free Breast Exam

    Joined:
    Oct 10, 2009
    Messages:
    12,060
    Thanks Received:
    2,144
    Trophy Points:
    255
    Location:
    In your head
    Ratings:
    +2,920
    Im sorry , I saw your yes vote after I posted.

    I would not set you up. I would have a beer with you.
     
    Last edited: Dec 7, 2012
  9. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,104
    Thanks Received:
    9,264
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,387
    Oh ok LOL. I figured you were gonna stomp on us with facts and figs.

    Like someone else mentioned, ag production is definitely subsidized and corn is the feedstock.

    It's beyond me why the government doesn't throw its weight behind natural gas vehicles in the same fashion that they fast-tracked ethanol production.

    Years ago I applied for a vanity license plate that said NO ETOH.

    It was denied LOL.

    :beer:
     
  10. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,104
    Thanks Received:
    9,264
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,387
    Oh- that Yes vote, well honestly I'm not sure. I figured you'd shed some light on it.
     

Share This Page