United States Spend 10 Times More On Fossil Fuel Subsidies Than Education

[skews13]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

 

[caddo kid]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

When The United States offers 'subsidies' that is nothing more than a form of SOCIALISM.

YEP, subsidies = SOCIALISM

Tell US why subsidies are not SOCIALISM?

 

[Missouri_Mike]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

We aren’t. Letting them keep their own money for exploration isn’t giving them tax dollars.

 

[BluesLegend]

LMAO read the study idiot this is global warming fossil fuel haters nonsense. Why don't you bunch of dumb asses run on whacking the poor and middle class for an additional $5 trillion dollar fuel tax. Just another libtard scheme to raise taxes, shocker.

 

[bripat9643]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

That's utter horseshit. Their definition of a "subsidy" stretches the concept to the breaking point. They call providing the elderly with affordable fuel for their furnaces a "subsidy." Allowing them to recoup their drilling costs is a "subsidy." Only idiots like you are gullible enough to fall for such horseshit.

 

[Dragonlady]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

We aren’t. Letting them keep their own money for exploration isn’t giving them tax dollars.

Who pays for cleaning up the air and water that the fossil fuel industry pollutes. Taxpayers. Because corporations don't pay taxes.

 

[bripat9643]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

When The United States offers 'subsidies' that is nothing more than a form of SOCIALISM.

YEP, subsidies = SOCIALISM

Tell US why subsidies are not SOCIALISM?

There are no "subsidies" other than the handouts the left gives to it's constituency.

 

[BluesLegend]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

We aren’t. Letting them keep their own money for exploration isn’t giving them tax dollars.

Its not that, the study assumes fossil fuels have trillions of dollars in global warming and environmental costs that are not priced in. The libs are advocating for a fossil fuel haters tax on the poor and middle class.

 

[bripat9643]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

We aren’t. Letting them keep their own money for exploration isn’t giving them tax dollars.

Who pays for cleaning up the air and water that the fossil fuel industry pollutes. Taxpayers. Because corporations don't pay taxes.

You pollute it when you drive your car, dingbat.

 

[BluesLegend]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

We aren’t. Letting them keep their own money for exploration isn’t giving them tax dollars.

Who pays for cleaning up the air and water that the fossil fuel industry pollutes. Taxpayers. Because corporations don't pay taxes.

We already pay sky high taxes on fossil fuels, what are you libtards doing with all our money??

 

[Missouri_Mike]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

We aren’t. Letting them keep their own money for exploration isn’t giving them tax dollars.

Who pays for cleaning up the air and water that the fossil fuel industry pollutes. Taxpayers. Because corporations don't pay taxes.

FFS, there is no global warming. Get over it as you drive your damn car to the grocery store.

 

[MarathonMike]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

We aren’t. Letting them keep their own money for exploration isn’t giving them tax dollars.

Who pays for cleaning up the air and water that the fossil fuel industry pollutes. Taxpayers. Because corporations don't pay taxes.

Uh no, Here is a summary of the taxes corporations pay:

• In general, large industrialized nations tend to have higher statutory corporate income tax rates than developing countries.
• The worldwide average statutory corporate income tax rate, measured across 208 jurisdictions, is 23.03 percent. When weighted by GDP, the average statutory rate is 26.47 percent.
• The average top corporate rate among EU countries is 21.68 percent, 23.69 percent in OECD countries, and 27.63 percent in the G7.
• Europe has the lowest regional average rate, at 18.38 percent (25.43 percent when weighted by GDP). Conversely, Africa has the highest regional average statutory rate, at 28.81 percent (28.39 percent weighted by GDP).

 

[caddo kid]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

When The United States offers 'subsidies' that is nothing more than a form of SOCIALISM.

YEP, subsidies = SOCIALISM

Tell US why subsidies are not SOCIALISM?

There are no "subsidies" other than the handouts the left gives to it's constituency.

AmeriKKKan farmers receive BILLION$ in subsidies = SOCIALISM

 

[whitehall]

Somebody named James Ellsmoor did the math. Should we trust his breathless findings? I think not. The point of course is that (the democrat controlled) Congress spends the money not the President. Education and energy are in different ends of the congressional budget. You could make a point that the U.S. spends more money on construction of a freaking Aircraft Carrier than Veterans benefits or that the U.S. spends more money on uniforms for Service people than they do for child welfare. The bull shit comparisons go on to infinity during an election cycle.

 

[Missouri_Mike]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

When The United States offers 'subsidies' that is nothing more than a form of SOCIALISM.

YEP, subsidies = SOCIALISM

Tell US why subsidies are not SOCIALISM?

There are no "subsidies" other than the handouts the left gives to it's constituency.

AmeriKKKan farmers receive BILLION$ in subsidies = SOCIALISM

I’m all for you paying full price for your food.

 

[Frankeneinstein]

Tell US why subsidies are not SOCIALISM?

Cuz you would want them if you believed that

 

[Indeependent]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

When The United States offers 'subsidies' that is nothing more than a form of SOCIALISM.

YEP, subsidies = SOCIALISM

Tell US why subsidies are not SOCIALISM?

There are no "subsidies" other than the handouts the left gives to it's constituency.

AmeriKKKan farmers receive BILLION$ in subsidies = SOCIALISM

Socialism is ownership.
If you mean cronyism, say so.

 

[caddo kid]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

When The United States offers 'subsidies' that is nothing more than a form of SOCIALISM.

YEP, subsidies = SOCIALISM

Tell US why subsidies are not SOCIALISM?

There are no "subsidies" other than the handouts the left gives to it's constituency.

well, then you obviously do NOT know shit about farming in AmeriKKKa ......... nor subsidies .......... aka 'socialism' .....

 

[Indeependent]

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers.

https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

Why are we giving oil companies one dime of tax payer money?

When The United States offers 'subsidies' that is nothing more than a form of SOCIALISM.

YEP, subsidies = SOCIALISM

Tell US why subsidies are not SOCIALISM?

There are no "subsidies" other than the handouts the left gives to it's constituency.

well, then you obviously do NOT know shit about farming in AmeriKKKa ......... nor subsidies .......... aka 'socialism' .....

But it’s ok to subsidize trespassers.

 

[caddo kid]

Tell US why subsidies are not SOCIALISM?

Cuz you would want them if you believed that

Sorry shit stain but I don't need a 'subsidy' aka 'socialism' aka a 'hand out'

maybe you need it ...........