|1 year ago :: Apr 12, 2012 - 1:05AM #31|
What happened? You run out of bullets or what?
Do you think tossing around epithets like 'enviro-commy' strengthens your argument? Why not argue the merits, and just leave the schoolyard name-calling out of it? Is that just too tough?
Really, you say because I challenge your postion I want half the population to starve? Or that reducing fossil fuel consumption is tantamount to 'making gasoline unaffordable to everyone'?
Moderated by rangerken on Apr 12, 2012 - 02:50AM
I never consider a difference of opinion in politics, in religion, in philosophy, as cause for withdrawing from a friend. Thomas Jefferson
Science without religion is lame, religion without science is blind.
You can get anything you want out of life if you will just help enough other people get what they want. Zig Ziglar
Here's the difference between a capitalist society and a communist society: Under capitalism, man exploits man. Under communism, it's the other way around.
|1 year ago :: Apr 12, 2012 - 9:14AM #32|
Ummmm no ... I"ve got plenty thankyou. I mean .. do you really want me to respond, or are you just enjoying the joust? ... OK ...
Correct .. without the subsidy they poor would not be able to afford gasoline
Coreect, I basically do not support subsidied but believe in free markets. IF the poor cannot afford it, then the demand will go down, and the price will go down on its own.
Maybe if you knew what you were talking about ..you'd reword the above sentence ....
From the American Thinker .... "It turns out that they are all tax "breaks." I even hesitate to call them "breaks" because some of them amount to little more than Congress defining accounting terms such as "capital equipment." And the total amount of earnings not collected in taxes (which liberals define as a "subsidy") is about $4 billion per year. Here is how that breaks down"
1) Domestic manufacturing tax deduction -- $1.7 B. This is a tax deduction given to every manufacturer in the US.
2) Percentage depletion allowance -- $1 B. Any industry can write down a portion of the cost of its capital equipment as part of the cost of doing business.
3) Foreign tax credit -- $850 million. All companies get this "subsidy," not just oil companies.
4) Intangible drilling costs -- $780 million. According to CNN, "[a]ll industries get to write off the costs of doing business, but they must take it over the life of an investment. The oil industry gets to take the drilling credit in the first year." Among these four tax "breaks," this smallest one was the only one that treated oil companies differently.
Exxon recently released its first quarter results for 2011. The number grabbing the headlines was Exxon's profit: $10.65 billion in a single quarter. The number not given quite as much exposure was the taxes it paid in that same quarter: $8 billion, or 42% of income before taxes
It's kinda hard for me to answer your questions when they are based on a false premise.
more false premise ... oil companies make a wopping 7 cents a gallon on gasoline ... the reason for the massive profits, is because we use so much of it.
Again .. another false premise .. the price fluctuates due to "replacement factors" on the cost of a barrell. Tax dollars have nothing to do with it.
More rant .... but I like it. tit for tat.
I just did.
It's really not about making gas "unaffordable" for everyone. You need to adopt the European Model for that. They TAX the crap out of Gasoline to account for all those non-existent cost of using fossil fuels.