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Thread: Oil rises above $90 amid US crude supply drop

  1. #1381
    Educator shintao's Avatar
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by The Baron View Post
    "Why should my taxes subsidize another corporation? Can't these capitalists start a business and make it work without a sugar tit?" - shintao

    The ugly truth is that corporations do not pay any taxes.

    Zero.

    Nada.

    None.

    Any cost they acquire due to taxes is simply added to the cost of the final product and the consumer pays that tax, known as a "hidden tax".

    One way to spur the ecomony is to eliminate all corporate taxes (which is being paid for by the consumer, anyway). This will have the effect of reducing the cost of goods and increasing demand for those goods.
    I agee completely.

    Let me expand your thoughts, besides eliminating corporate taxes (that we pay), eliminate all corporate regulation (that we pay), take the cap off lawsuits, and let the consumer & the corporation stand on their own two feet. This will shift responsibility and court rewards to the harmed consumer, and force corporations to either clean up their own mess or go out of business.
    Last edited by shintao; 05-02-11 at 01:09 AM.
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by hazlnut View Post
    Please show something supporting that statement -- 1 fact that shows Dems support a new tax that would only effect the middle class.





    So, Obama should be giving out jobs...?? I thought you Tea Partiers called that socialism...
    For sstarters Obamacare and increased taxes on small business.

    What has Obama done to encourage the private sector to hire. All Obama has done is grow government

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by ptif219 View Post
    For sstarters Obamacare and increased taxes on small business.
    Let's see proof of this supposed increased tax on small business by Obama?

    What has Obama done to encourage the private sector to hire. All Obama has done is grow government
    He provide $288 billion in middle class tax relief, and he provided $275 billion in contracts, grants, and loans for jobs creation.
    Recovery.gov - Tracking the Money

    That is how he reversed the unemployment trend he inherited:


    WatchMojo.com blogs - news - Business
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    Let's see proof of this supposed increased tax on small business by Obama?



    He provide $288 billion in middle class tax relief, and he provided $275 billion in contracts, grants, and loans for jobs creation.
    Recovery.gov - Tracking the Money

    That is how he reversed the unemployment trend he inherited:


    WatchMojo.com blogs - news - Business
    What about Obama care and what it will cost small business?

    Obama tax breaks help very few

    What's in Obama's tax breaks for small businesses - Sep. 9, 2010

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by ptif219 View Post
    What about Obama care and what it will cost small business?

    Obama tax breaks help very few

    What's in Obama's tax breaks for small businesses - Sep. 9, 2010
    LOL! You completely ignore the documented reversal in job losses under Obama and to refute your claim that Obama increased taxes on small businesses, you post a link showing Obama's proposed tax break for small business of $200 billion does not go far enough.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  6. #1386
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    LOL! You completely ignore the documented reversal in job losses under Obama and to refute your claim that Obama increased taxes on small businesses, you post a link showing Obama's proposed tax break for small business of $200 billion does not go far enough.
    Did you notice he completely switched his arguments? He abandoned his early argument to move just to Obamacare. Don't let him pull that kind of crap.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    LOL! You completely ignore the documented reversal in job losses under Obama and to refute your claim that Obama increased taxes on small businesses, you post a link showing Obama's proposed tax break for small business of $200 billion does not go far enough.
    You mean the Obama lies in recovery.gov. Got any real proof

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by obvious Child View Post
    Did you notice he completely switched his arguments? He abandoned his early argument to move just to Obamacare. Don't let him pull that kind of crap.
    You want Obamacare

    Obamacare Socks Middle Class With $3.9B in Taxes

    Healthcare reform will produce an additional tax burden of $3.9 billion in 2019 alone for families making less than $200,000, according to Congress’ Joint Committee on Taxation.

    The new plan restricts the medical expense deduction, which is commonly used by the elderly or those with a serious illness, to raise $15.2 billion in 10 years.

    Starting in 2013, you can only deduct medical expenses greater than 10 percent of your adjusted gross income (AGI). Now the threshold is 7.5 percent. That increase starts for older taxpayers in 2017.

    By 2019, when the law fully kicks in, the deduction reduction will hurt 14.8 million taxpayers — 14.7 million of whom will earn less than $200,000 a year, according to the committee, whose report was obtained by The Hill newspaper.

    That includes single and joint filers and heads of households.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by ptif219 View Post
    You want Obamacare
    What in the world does health care have to do with the price of oil? Please try to focus on the thread topic.

    Answer me this - Given that US produced oil goes into the world market where we buy it, how do you propose that Obama, or any president, lower the price of oil we are buying from the world market?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by ptif219 View Post
    For sstarters Obamacare and increased taxes on small business.
    Both false talking points that have been debunked.

    Since you can't be bothered to ever post links, I won't bother to post links to the many, many fact-checking articles the debunk all those talking points. (I've posted them in other threads).

    What has Obama done to encourage the private sector to hire. All Obama has done is grow government
    Your lack of knowledge about the actual powers and responsibilities of the executive branch is distressing. I suggest you take a civics class.

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