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Thread: Senate blocks bill repealing $2 billion in oil tax breaks

  1. #11
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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    Quote Originally Posted by Zyphlin View Post
    Why do people choose to cut their grochery budget or stop going to the movies every other weekend instead of robbing a 7-11?

    We don't raise taxes on people who are doing well because of the notion that there's no reason the government should be taking their money and penalizing them for being successful. The notion of cutting spending on food stamps, head start, the military, or anything else is the belief that the government needs to get its own failure of a budget under control before it starts trying to punish people or things that are successful to get around its own failures.
    i do not believe we need to provide subsidies for industries that post record porfits, year after year after year after year. NOT when we can't balance our budget. EVERYTHING should be on the table.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    With fewer tax Subsidies to oil companies, the price of oil would more close reflect it's real cost. Taxes could go toward innovative mass-transit and clean energy.
    Our plan for energy, left in the hands of private profiteers will continue milk us for every tenth of a penny possible while making rich Saudi Princes and Major Wall Street shareholders to whom quality and safety standards are always secondary to the bottom line.

    These same Wall Street shareholders are THE major influencers of our few political parties, news networks, banks, etc... Not just American corporations
    they are a world wide conglomerate of big business executives, very successful at spreading their choice form of free enterprise capitalism from Luxembourg to China and Iraq. They are now cutting Education and Medicaid and Parks, Etc. Because it will immediately make them money.

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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    Are we talking about subsidies or tax breaks? I agree, we shouldn't be providing financial assistance to oil companies, I agree with you there. But to me that's significantly different then charging them less in taxes or, as one poster stated and if its true, attempting to tax them on money on income that wasn't even earned in the United States and is already taxed elsewhere.

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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    this is Not conspiracy theory, it's hegemony, it's class totalitarianism. Look at the numbers, how much of the wealth is increasingly more consolidated in the properties and off-shore accountants of the very few??

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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    Quote Originally Posted by Zyphlin View Post
    Are we talking about subsidies or tax breaks? I agree, we shouldn't be providing financial assistance to oil companies, I agree with you there. But to me that's significantly different then charging them less in taxes or, as one poster stated and if its true, attempting to tax them on money on income that wasn't even earned in the United States and is already taxed elsewhere.
    well, that poster hasn't provided and link or proof to what he asserted, so i can't comment. as for subsidies or tax breaks, in this case i think they are one and the same. aren't a lot of subsidies provided through tax breaks? isn't that how we subsidize most everything, through tax breaks?

    as i said, everything should be on the table. especially breaks to oil companies who slow down production to raise prices.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    tax-breaks are subsidies. That Poster had no basis for his claim that this income is already taxed in the other country, he went for that fallacy because it is the size of a watermelon and makes a for a simple deterrent. In these other countries our nationals often have very nice deals set up with the local monarchies/dictators, or in more established "democracies" we break down local tariffs with Free-Trade agreements. They get the oil out of sand leaving Rolls Royces and indoor ski hills. The Executives take huge profits, the speculators and day traders do too. We complain about 4 dollars a gallon while in Europe they've been paying over twice that for long time.

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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    Quote Originally Posted by liblady View Post
    i read it.......and i didin't find that part. can you point it out please? and then read this:
    It was in a link I posted earlier today...
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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    liblady, for the 100billion we've spent, you have to ask yourself "Has it been worth it?"

    A small benefit that has no lasting impact? The answer is, not just no, but hell no.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    Quote Originally Posted by ludahai View Post
    It was in a link I posted earlier today...
    where?......

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Senate blocks bill repealing $2 billion in oil tax breaks

    If we are going to reduce the budget, then not only the poor must feel the pinch. Big oil and the rich must as well. Gas prices are spiking regardless of the tax breaks, to say the subsidies are keeping prices low is ridiculous, simply corporate welfare, which is still welfare.

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