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Thread: Senate Attempt To Eliminate Big Oil Subsidies Defeated

  1. #11
    Educator Sgt Meowenstein's Avatar
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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by ksu_aviator View Post
    Don't you get it? Not seizing their property is a subsidy.

    Does anyone think that increasing taxes on any company is going to bring down the price of anything?
    Whether or not gas prices would go down upon the elimination of oil subsidies is not the point. Teapublicans argue that everybody has to sacrifice in times like these. They want to cut unemployment benefits, Planned Parenthood funding, NPR funding, etc. They say every little bit helps. So 2 billion that normally goes to big oil would help. To argue otherwise just shows how out of touch with reality your average right-wing con is.


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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by TurtleDude View Post
    edify us about your financial might
    I'm in awe of your vast intelligence. Please, enlighten me some more with your assbackwards...ah never mind. Just keep ignoring valid points and responding with ignorant drivel.


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    warrior of the wetlands
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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by Sgt Meowenstein View Post
    Whether or not gas prices would go down upon the elimination of oil subsidies is not the point. Teapublicans argue that everybody has to sacrifice in times like these. They want to cut unemployment benefits, Planned Parenthood funding, NPR funding, etc. They say every little bit helps. So 2 billion that normally goes to big oil would help. To argue otherwise just shows how out of touch with reality your average right-wing con is.
    what is really amusing is watching reactionary luddite nonsense that ignores what will happen to the price of gasoline if Exxon has to pay double taxes on profits



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    warrior of the wetlands
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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by Sgt Meowenstein View Post
    I'm in awe of your vast intelligence. Please, enlighten me some more with your assbackwards...ah never mind. Just keep ignoring valid points and responding with ignorant drivel.
    I want to know if you actually have a clue what you are talking about



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    Educator Sgt Meowenstein's Avatar
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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by TurtleDude View Post
    envy is not a sound basis for tax policy
    I don't envy them and I don't envy you. You know what else is not a sound tax policy? Letting multi-billion dollar corporations get away with paying zero taxes, and then giving them tax-payer subsidies on top of it.


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    Educator Sgt Meowenstein's Avatar
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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by TurtleDude View Post
    I want to know if you actually have a clue what you are talking about
    Why, would you like some advice? You obviously have no ****ing clue.


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    warrior of the wetlands
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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by Sgt Meowenstein View Post
    Why, would you like some advice? You obviously have no ****ing clue.
    really? so you are an expert on how oil companies operate? you understand foreign tax policy?

    I am waiting to hear your credentials



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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by Sgt Meowenstein View Post
    I don't envy them and I don't envy you. You know what else is not a sound tax policy? Letting multi-billion dollar corporations get away with paying zero taxes, and then giving them tax-payer subsidies on top of it.

    zero taxes? LOL



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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by TurtleDude View Post
    really? so you are an expert on how oil companies operate? you understand foreign tax policy?

    I am waiting to hear your credentials
    Credentials? Now I need credentials to have an opinion on my tax dollars going to multi-billion dollar, extremely profitable corporations? Other than being a loyal con, what are your credentials?


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    Re: Senate Attempt To Eliminate Big Oil Subsidies Defeated

    Quote Originally Posted by TurtleDude View Post
    zero taxes? LOL
    Do try to keep up.

    What The Top U.S. Companies Pay In Taxes - Forbes.com

    Exxon tries to limit the tax pain with the help of 20 wholly owned subsidiaries domiciled in the Bahamas, Bermuda and the Cayman Islands that (legally) shelter the cash flow from operations in the likes of Angola, Azerbaijan and Abu Dhabi. No wonder that of $15 billion in income taxes last year, Exxon paid none of it to Uncle Sam, and has tens of billions in earnings permanently reinvested overseas.


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