and you know the oil companies don't get subsidies, they just get the normal depreciation tax breaks that any other company gets
In 2013, subsidies for petroleum products, worldwide, will reach 250 BILLION DOLLARS.
http://www.imf.org/external/pubs/ft/spn/2010/spn1005.pdf
If these are "subsidies" then what should we call all these eco-energy-taxes (
real and direct subsidies) that are funneled into wind & solar ?
This
crap scheme is spin-doctoring the taxes individual nations charge on petroleum as a
"subsidy" if it`s below the average a select group of other countries slap on petro-products, as "optimal" ...and at the same they select which countries are in this "optimal" group.
According to this scheme any country that
does not tax you to the max, the tax is defined as "sub-optimal" and
that is now according to the authors a subsidy.
The only way that could be implemented is to give the IMF the authority to enforce an "optimal" tax on a global level...or for starters with a group of nations that were suckers and gave up their sovereign rights to determine their own taxation structure.
These communist fuckers outline on page 14 all the wonderful things that can be done with their so called "pre-taxes" .
Mozambique
increased petroleum product prices by 38 percent in 2008.
Budgetary allocations to a range of social protection programs were increased substantially (Direct Social Support, Social Benefits Through Work, Income Generation and Community Development).
The level of cash benefits received by beneficiaries of the Food Subsidy Program was increased, with the minimum benefit increasing from 70 MT to 100 MT and the maximum benefit from 140 MT to 300 MT.
The number of branches of the National Institute for Social Protection was increased from 19 to 30 to facilitate an expansion of the program.
Indonesia
increased domestic petroleum product prices in both March and October 2005 (more than doubling prices) and again in May 2008 (prices of products were increased by 25–33 percent).
A temporary cash transfer program was implemented in 2005 to mitigate the impact of price increases, aiding 19 million poor families, with targeting relying on existing databases. A similar cash transfer accompanied the price increases in 2008.
Some budgetary savings from reducing subsidies were reallocated to existing education, health, and infrastructure programs that benefit low- and middle-income households.
Jordan
2005, culminating in full price liberalization in February 2008, when product prices were increased by 33–76 percent.
The minimum wage was increased, and low-paid government employees received higher wage increases than other employees.
A one-time bonus was given to low-income government employees and pensioners.
An electricity lifeline tariff was maintained at current low levels—electricity access is almost universal
So we should let a clusterfuck of
non-elected bureaucrats decide how much more "pre-taxes" we should fork over to them, and if we don`t then we are guilty of having "subsidized" the petroleum industry if our gas-tax is "sub-optimal" ....and then they use it to run some sort of
international SUBSIDY system which gives government employees bonuses and pay-hikes and amongst other things can pay for a wonderful welfare system.
In Mozambique they already have one of the
best in the world for men, because the
women have to do all the work:
But this brilliant plan will ensure that everybody, women like the one above can do this instead:
And their "underpaid hard working" (mostly male) government employees can get pay-hikes or as it is in most of the rest of these countries that will benefit from our "pre-tax" they can buy more Kalashnikovs.
Do you have any more bright ideas like the one in that pdf?
I was under the impression you are one of those who hates the TEA (Taxed Enough Already) party.
Which way would you think mainstream Americans would swing if the democrats would implement this "pre-tax" scheme ?
I almost wish Obama would try it right now and deliver Americans from "sub-optimal" taxes!
Do you think that Americans are so stupid that they don`t know the difference between a subsidy and a "non-optimal" tax (hike)?