Obama calls for rolling back oil 'tax breaks'

Discussion in 'Current Events' started by sangha, Jun 5, 2010.

  1. sangha
    Offline

    sangha Senior Member

    Joined:
    Jun 1, 2010
    Messages:
    5,997
    Thanks Received:
    179
    Trophy Points:
    48
    Ratings:
    +179
    Obama calls for rolling back oil 'tax breaks'

    I'm betting the "small govt" whiners on the right (who are waiting for their nanny state govt to solve the problem) will oppose getting rid of tax breaks for an industry that just destroyed millions of jobs in LA on the grounds that the oil industry needs the tax breaks to destroy more jobs.
     
    • Thank You! Thank You! x 1
  2. sangha
    Offline

    sangha Senior Member

    Joined:
    Jun 1, 2010
    Messages:
    5,997
    Thanks Received:
    179
    Trophy Points:
    48
    Ratings:
    +179
    I guess the wingnuts are in a tizzy trying to figure out how to respond. Either that, or they're too scared to even try
     
  3. WillowTree
    Online

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,196
    Thanks Received:
    10,175
    Trophy Points:
    2,030
    Ratings:
    +14,775
    yes, you stupid moron, that's just what the unemployed in LA need. Is more unemployment and higher gas prices.. You go boy!
     
  4. uscitizen
    Offline

    uscitizen Senior Member

    Joined:
    May 6, 2007
    Messages:
    45,941
    Thanks Received:
    4,791
    Trophy Points:
    48
    Location:
    My Shack
    Ratings:
    +4,807
    Big oil is makiing plenty of money. Why should they get any tax breaks?

    The jobs generated when those tax breaks were first set up are long gone.
    More tax breaks just means more profits not more jobs.
     
  5. WillowTree
    Online

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,196
    Thanks Received:
    10,175
    Trophy Points:
    2,030
    Ratings:
    +14,775
    when are you numbnuts ever gonna figure out that corporations don't pay taxes.. The consumer does.. The oil companies will compensate one way or another if their tax bill increases..
     
  6. uscitizen
    Offline

    uscitizen Senior Member

    Joined:
    May 6, 2007
    Messages:
    45,941
    Thanks Received:
    4,791
    Trophy Points:
    48
    Location:
    My Shack
    Ratings:
    +4,807
    Some corporations pay taxes and royalties.
     
  7. txlonghorn
    Offline

    txlonghorn Senior Member

    Joined:
    Mar 9, 2009
    Messages:
    3,042
    Thanks Received:
    399
    Trophy Points:
    48
    Ratings:
    +399
    Obama said the Gulf spill MAY prove to be a result of human error....but what if it proves otherwise?

    Why not wait until the investigation gives us the answer? This is the problem I have this dude....he's got a REAL problem with doing shit as a result of a knee jerk reaction without proper cause.
     
  8. Quantum Windbag
    Offline

    Quantum Windbag Gold Member

    Joined:
    May 9, 2010
    Messages:
    58,308
    Thanks Received:
    5,014
    Trophy Points:
    245
    Ratings:
    +5,221
    Why do Big Government Whiners on the left always think that the government is the answer? What exactly does a massive investment in green jobs do to an economy?

    The price of green jobs? Learn from Spain - ICIS Green Chemicals
     
  9. txlonghorn
    Offline

    txlonghorn Senior Member

    Joined:
    Mar 9, 2009
    Messages:
    3,042
    Thanks Received:
    399
    Trophy Points:
    48
    Ratings:
    +399
    He's been hoping for something like this to happen......

    Soon the oil companies will be toast
     
  10. ConHog
    Offline

    ConHog BANNED

    Joined:
    Jun 4, 2010
    Messages:
    14,538
    Thanks Received:
    897
    Trophy Points:
    0
    Ratings:
    +897
    I laugh that Sangha just buys anything that daddy Obama spoon feeds him.

    Here's reality for you little lib.

    1. IF tax breaks are eliminated, oil prices will increase correspondingly and the consumer will pay the taxes. Unless of course Obama institutes a oil company profit czar which would introduce a whole nother set of problems.

    2. Any money the government collects will simply disappear into the black hole known as the federal budget and very little if any of it would be put towards so called clean energy

    You're amazing in your simplicity Sangha.
     

Share This Page