Talk about a Stretch: Online Jacobin blames Oil Companies using tax break available to other companies for fires

[martybegan]

The spin has begun, and this one's a doozy

How Big Oil Made It Harder to Fight the Los Angeles Fires

This tax loophole, called the “water’s edge election,” is California’s largest business tax break. The loophole allows corporations to avoid paying more than $4.3 billion in state corporate tax revenue each year and specifically gives oil and gas companies upward of $146 million in annual tax breaks, researchers found.

So oil and gas companies benefit from 3.4% of this tax break, and yet they are the ones to blame.

There is spin, and there is bad convoluted spin, and this is the latter.

 

[toobfreak]

The spin has begun, and this one's a doozy

It happens everytime.

• Democrats **** up.
• Democrats blame it on anyone but themselves.

Now it is Big Oil's fault for taking the legal tax breaks they are entitled to that the democrats wrote into the tax code.

 

[martybegan]

It happens everytime.

• Democrats **** up.
• Democrats blame it on anyone but themselves.

Now it is Big Oil's fault for taking the legal tax breaks they are entitled to that the democrats wrote into the tax code.

Less than 5% of the overall use of that tax break actually.

 

[Silent Warrior]

Let's see.

Ban the use of some water for the sake of a small insignificant fish.
Drastically lower the firefighting budget in LA.
Promote hiring in the fire department based on DEI instead of real qualifications or ability.
Ignore proper forestry tending in favor of "let it go natural."
Refuse to stop the wealthy from building homes in wild, fire prone areas.

I don't see why they have a fire problem