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I did. And then I was reminded that you expect an honest assessment from American tinkerer.Yes.
Lower rates on capital expenditures for drilling.
Subsidies for extracting oil from marginal sources (such as shale)
Rapid depreciation
Percentage depletion allowances
etc....
Look at post #20....then weep.
Tell me, how much does Apple collect from the subsidy for shale extraction?
How much does Google get from special depreciation rules for drilling equipment and exploration activities?
How much depletion credit does IBM collect?
I did. And then I was reminded that you expect an honest assessment from American tinkerer.
Tell me, how much does Apple collect from the subsidy for shale extraction?
How much does Google get from special depreciation rules for drilling equipment and exploration activities?
How much depletion credit does IBM collect?
Just asking;
Do you want to end it all for oil AND all other companies or just stick it to oil?
I would end subsidies for the vast majority of companies. There are a select few industries that produce positive externalities and may deserve some form of subsidy (or at least some form of payment for the external benefits they create - though not necessarily in the form of a direct production subsidy.
Just asking;
Do you want to end it all for oil AND all other companies or just stick it to oil?
I would end subsidies for the vast majority of companies. There are a select few industries that produce positive externalities and may deserve some form of subsidy (or at least some form of payment for the external benefits they create - though not necessarily in the form of a direct production subsidy.
Interesting.
Can you give me a specific company or a general product that you would want to keep covering please
And Google has about $24 billion. What does Google produce? Google is nothing more than keystrokes and mouse clicks.
Look at Google and Apple's profits.......they are insanely high, and the government does nothing? Witch hunt, I say.
The government doesn't provide billions in subsidies to Apple and Google.
I would end subsidies for the vast majority of companies. There are a select few industries that produce positive externalities and may deserve some form of subsidy (or at least some form of payment for the external benefits they create - though not necessarily in the form of a direct production subsidy.
Interesting.
Can you give me a specific company or a general product that you would want to keep covering please
I think the NIH's efforts at basic medical research - which serve as a direct subsidy of for-profit medical research - are probably a worthwhile endeavor.
Oh, and people who make good beer and good scotch. But none of that cheap shit, mind you....
Look at Google and Apple's profits.......they are insanely high, and the government does nothing? Witch hunt, I say.
The government doesn't provide billions in subsidies to Apple and Google.
Nor do they to oil companies asswipe. Now of course, this is the point where you go on some insane rant about how the government by virtue of not confiscating more in taxes somehow equates to the government giving them money. Not taking something does not equal giving something.
I would end subsidies for the vast majority of companies. There are a select few industries that produce positive externalities and may deserve some form of subsidy (or at least some form of payment for the external benefits they create - though not necessarily in the form of a direct production subsidy.
Interesting.
Can you give me a specific company or a general product that you would want to keep covering please
I think the NIH's efforts at basic medical research - which serve as a direct subsidy of for-profit medical research - are probably a worthwhile endeavor.
Oh, and people who make good beer and good scotch. But none of that cheap shit, mind you....
Well, it's not a tree of course. but they do have 40B in cash reserves sitting on the sidelines.
Kind of hard to spend that money when you are not allowed to invest it in the countries future
Exxon operates in the US...and the rest of the world. I'm sure the poor guys can find a place to invest.
Besides they pay taxes on that wealth
No they don't. Corporations pay taxes on profits, not on reserves.
The super majority in the senate and house for 2 years could have done away with those "tax breaks" these oil companies get
Anyway, its about the jobs, not the oil
Its about the jobs, not the tax revenue
What good is hiking the taxes Exxon pays? there just going to charge more for there product. they have n money tree siting around to pay there taxes
They are doing it now to score political points.
The dems are just as much in the bag with Oil as the reps.
If they truly wanted to walk the walk on ending subsideis they would talk about ending all of them. But big 0 can't, b/c he put too many eggs into green energy, so he wants to put more into it, even thogh it's a failed idea. [so far]
The government doesn't provide billions in subsidies to Apple and Google.
Nor do they to oil companies asswipe. Now of course, this is the point where you go on some insane rant about how the government by virtue of not confiscating more in taxes somehow equates to the government giving them money. Not taking something does not equal giving something.
The government pays a direct subsidy for extractions from marginal sources.
Let me repeat that: A direct subsidy, "asswipe".
Look at Google and Apple's profits.......they are insanely high, and the government does nothing? Witch hunt, I say.
The government doesn't provide billions in subsidies to Apple and Google.
No,and your fascist punk obama lets GE pay NO taxes!!Fucking liberal hypocrites.
The government doesn't provide billions in subsidies to Apple and Google.
No,and your fascist punk obama lets GE pay NO taxes!!Fucking liberal hypocrites.
Did Obama write the tax laws? I doubt it, half the time Obama wasn't "Present" while he was in Congress.
But GE is certainly not alone:
Most firms pay no income taxes - Congress
Study finds that the majority of domestic and foreign corporations in the United States avoid paying federal income taxes.
Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes, according to a congressional report released Tuesday.
The Government Accountability Office (GAO) examined samples of corporate tax returns filed between 1998 and 2005. In that time period, an annual average of 1.3 million U.S. companies and 39,000 foreign companies doing business in the United States paid no income taxes - despite having a combined $2.5 trillion in revenue.
Majority of corporations avoid federal income taxes - study - Aug. 12, 2008
No,and your fascist punk obama lets GE pay NO taxes!!Fucking liberal hypocrites.
Did Obama write the tax laws? I doubt it, half the time Obama wasn't "Present" while he was in Congress.
But GE is certainly not alone:
Most firms pay no income taxes - Congress
Study finds that the majority of domestic and foreign corporations in the United States avoid paying federal income taxes.
Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes, according to a congressional report released Tuesday.
The Government Accountability Office (GAO) examined samples of corporate tax returns filed between 1998 and 2005. In that time period, an annual average of 1.3 million U.S. companies and 39,000 foreign companies doing business in the United States paid no income taxes - despite having a combined $2.5 trillion in revenue.
Majority of corporations avoid federal income taxes - study - Aug. 12, 2008
I think Charlie Rangel helped with the tax laws.
Did Obama write the tax laws? I doubt it, half the time Obama wasn't "Present" while he was in Congress.
But GE is certainly not alone:
Most firms pay no income taxes - Congress
Study finds that the majority of domestic and foreign corporations in the United States avoid paying federal income taxes.
Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes, according to a congressional report released Tuesday.
The Government Accountability Office (GAO) examined samples of corporate tax returns filed between 1998 and 2005. In that time period, an annual average of 1.3 million U.S. companies and 39,000 foreign companies doing business in the United States paid no income taxes - despite having a combined $2.5 trillion in revenue.
Majority of corporations avoid federal income taxes - study - Aug. 12, 2008
I think Charlie Rangel helped with the tax laws.
I think that since the Democrats have had control of congress so very much more than the republicans that they did indeed write the majority of the tax laws.
Well, it's not a tree of course. but they do have 40B in cash reserves sitting on the sidelines.
And Google has about $24 billion. What does Google produce? Google is nothing more than keystrokes and mouse clicks.
Look at Google and Apple's profits.......they are insanely high, and the government does nothing? Witch hunt, I say.
