Pres Obama just called on congress to end oil subsidies

[The Rabbi]

Obama is an idiot and so is anyone who believes his crap.

They are not subsidies, they are tax breaks. The government is allowing them TO KEEP MORE OF THE MONEY THEY EARN. A subsidy is simply free money.

The oil companies get the same tax breaks that every other company gets.

/THREAD

When the government pays an oil company "X" for each barrel of oil it extracts from certain sources, that's not a tax incentive. It's as direct subsidy.

/unknowing idiots making up shit

Do you actually understand what you just wrote? I doubt it very seriously.

 

[dblack]

What corrupt practices would those be?

The practice of using tax incentives, credits, exemptions, yada, yada, yada to manipulate the economy for the benefit of some at the expense of others. That's exactly the opposite of a free market and smacks of a socialist style 'command' economy.

What tax incentives, credits and exemptions are you speaking of?

Well, as I said, it's the practice that is the corruption. So, all of them.

 

[8537]

Obama is an idiot and so is anyone who believes his crap.

They are not subsidies, they are tax breaks. The government is allowing them TO KEEP MORE OF THE MONEY THEY EARN. A subsidy is simply free money.

The oil companies get the same tax breaks that every other company gets.

/THREAD

When the government pays an oil company "X" for each barrel of oil it extracts from certain sources, that's not a tax incentive. It's as direct subsidy.

/unknowing idiots making up shit

Do you actually understand what you just wrote? I doubt it very seriously.

I hope you didn't spend much time thinking of that thoughtful retort.

 

[The Rabbi]

The practice of using tax incentives, credits, exemptions, yada, yada, yada to manipulate the economy for the benefit of some at the expense of others. That's exactly the opposite of a free market and smacks of a socialist style 'command' economy.

What tax incentives, credits and exemptions are you speaking of?

Well, as I said, it's the practice that is the corruption. So, all of them.

Can you be more specific?

 

[The Rabbi]

When the government pays an oil company "X" for each barrel of oil it extracts from certain sources, that's not a tax incentive. It's as direct subsidy.

/unknowing idiots making up shit

Do you actually understand what you just wrote? I doubt it very seriously.

I hope you didn't spend much time thinking of that thoughtful retort.

I was flabbergasted by the utter stupidity of your statement. It was visceral. Like coming on an elephant turd in a city park.

 

[Dick Tuck]

Bush promised to do that and hat total control of congress for what 6 years?
He kept on spending and so did the republican controlled congress.

That was three years ago, Obama and his followers controlled congress and did nothing, oh wait the helped subsidize bank and auto companies and green energy and on and on, seem to be no change from one to the next.

I may be wrong...but didn't the democrats have congress from 2000 until 2006? If it was, then Bush only had control for 2 years. Am i wrong?

Yes. You are mistaken, hoodwinked, or outright bullshitting.

 

[dblack]

What tax incentives, credits and exemptions are you speaking of?

Well, as I said, it's the practice that is the corruption. So, all of them.

Can you be more specific?

Heh... more specific than 'all of them'? How would I do that?

 

[The Rabbi]

Well, as I said, it's the practice that is the corruption. So, all of them.

Can you be more specific?

Heh... more specific than 'all of them'? How would I do that?

By specifying them? Or is that asking too much?

 

[dblack]

Can you be more specific?

Heh... more specific than 'all of them'? How would I do that?

By specifying them? Or is that asking too much?

Well, I'm not sure what you're fishing for. Do you want a listing of all the tax incentives, exemptions, credits and subsidies currently on the books? I certainly can't provide you with anything like that.

 

[8537]

Do you actually understand what you just wrote? I doubt it very seriously.

I hope you didn't spend much time thinking of that thoughtful retort.

I was flabbergasted by the utter stupidity of your statement. It was visceral. Like coming on an elephant turd in a city park.

You find the truth to be stupid? most dumbshits do.

 

[Political Junky]

Democrats who voted against received about $5million from oil companies .. Repubs who voted for received about $23million. Sorta puts it in perspective.

 

[Star]

When a Progressive uses the word "externality" hold on to your wallet.

Depending on who's running the numbers

Good on you for noticing that even if Republicans use the lowest low-ball number for oil price externalities, the subsidy that pisses taxpayers off the most --- i.e. the subsidy to big oil that President Obama proposed to end --- only represents about two tenths of one percent of the externalities that "we the people" pay for-----we just aren't paying for externalities at the pump, but pay and pay and pay-----we do.


Unearthing the True Cost of Fossil Fuels Industry gets tax breaks, subsidies, military support in volatile regions, the right to use our air and water like a sewer, and assurance that the government will clean up its environmental messes. Politicians get campaign contributions, a steady flow of dirty energy, and a talking point to brandish about how they kept gas affordable.


Question for righties:
Should we pay for the Gulf gusher via higher prices at the pump or via higher taxes.

 

[bripat9643]

Good on you for noticing that even if Republicans use the lowest low-ball number for oil price externalities, the subsidy that pisses taxpayers off the most --- i.e. the subsidy to big oil that President Obama proposed to end --- only represents about two tenths of one percent of the externalities that "we the people" pay for-----we just aren't paying for externalities at the pump, but pay and pay and pay-----we do.


Unearthing the True Cost of Fossil Fuels Industry gets tax breaks, subsidies, military support in volatile regions, the right to use our air and water like a sewer, and assurance that the government will clean up its environmental messes. Politicians get campaign contributions, a steady flow of dirty energy, and a talking point to brandish about how they kept gas affordable.


Question for righties:
Should we pay for the Gulf gusher via higher prices at the pump or via higher taxes.

How is raising taxes going to lower prices at the pump?

It won't. All that will do is provide more swag to feed useless bloodsucking tics like you.

There is no "subsidy" to big oil. That's pure Marxist propaganda.

 

[bripat9643]

When a Progressive uses the word "externality" hold on to your wallet.

Depending on who's running the numbers, externalities amount to $500 billion/yr to $1,500 billion/yr ($1.5 trillion/yr) --- the subsidies that President Obama is talking about ending is about $4 billion/yr.


Instead of attacking the messenger, how about taking a rightwing shot at debunking the externalities?

You'll excuse us if we laugh at your made-up numbers. They undoubtedly include our entire military budget plus countless other bogus "expenses."

 

[bripat9643]

When the government pays an oil company "X" for each barrel of oil it extracts from certain sources, that's not a tax incentive. It's as direct subsidy.

/unknowing idiots making up shit

The government does pay oil companies a dime.

 

[bripat9643]

Well, as I said, it's the practice that is the corruption. So, all of them.

Can you be more specific?

Heh... more specific than 'all of them'? How would I do that?

You obviously can't name any specific subsidy the oil companies recieve.

 

[bripat9643]

Heh... more specific than 'all of them'? How would I do that?

By specifying them? Or is that asking too much?

Well, I'm not sure what you're fishing for. Do you want a listing of all the tax incentives, exemptions, credits and subsidies currently on the books? I certainly can't provide you with anything like that.

You can't even list a single one, can you?

 

[editec]

Publication 535 (2011), Business Expenses

Read it and weap, kiddies.

 

[Sallow]

Democrats who voted against received about $5million from oil companies .. Repubs who voted for received about $23million. Sorta puts it in perspective.

Just amazing, isn't it?

 

[Sallow]

When the government pays an oil company "X" for each barrel of oil it extracts from certain sources, that's not a tax incentive. It's as direct subsidy.

/unknowing idiots making up shit

The government does pay oil companies a dime.

Incredible. In addition to subsidizing almost every stage of oil production..as well as hidden costs like maintain infrastructure that allows the industry to transport their goods, the US has made multiple deployments of the US military to secure foreign oil for US companies to exploit. As well as direct payments to countries to "keep the peace" and the oil flowing.

Cheap gas isn't so cheap. And it's another way that wealth trickles upward in this country.