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Post by saunterelle on Oct 23, 2008 17:22:48 GMT -5
But it provides plenty of money to get started on fuel alternatives.
Fact is, the oil companies aren't doing enough. They spend a token amount, about 0.2%, of their expenditures on alternative energy research.
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Post by maxsawdust on Oct 23, 2008 17:23:59 GMT -5
Please enlighten me and link to said "FACTS".
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Post by subdjoe on Oct 23, 2008 17:44:46 GMT -5
Tax the movie industry on its windfall profits. It has a higher profit margin than the oil industry. Confiscate all that Soros makes over $250k/year. Mikey Moore is doing well, take everything he makes about $250k/year, same for Bill Gates and Steve Jobs. Oh, yeah, windfall profits tax on the computer industry too.
Why should the oil companies bear the brunt of paying for research on alternative energy? If they are putting up the bulk of the money, will they get the bulk of the profits? In dollars, how much is that "0.2%"? You say give tax breaks to those companies who are doing R&D in alternative energy, oil companies are doing a lot of that. You are talking out of both sides of your mouth - tax the hell out of oil companies, but at the same time give them tax breaks. Make up your mind.
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Post by The Big Dog on Oct 23, 2008 18:32:04 GMT -5
Why does anything, either punishing or incentivizing, have to be done with the tax code as a lever?
Has it occurred to any of yopu on the left that the recurrent use of the tax code to fulfill Congressional wet dreams is, in no small part, exactly what is wrong in America today?
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Post by saunterelle on Oct 23, 2008 18:53:38 GMT -5
Tax the movie industry on its windfall profits. It has a higher profit margin than the oil industry. Confiscate all that Soros makes over $250k/year. Mikey Moore is doing well, take everything he makes about $250k/year, same for Bill Gates and Steve Jobs. Oh, yeah, windfall profits tax on the computer industry too. Why should the oil companies bear the brunt of paying for research on alternative energy? If they are putting up the bulk of the money, will they get the bulk of the profits? In dollars, how much is that "0.2%"? You say give tax breaks to those companies who are doing R&D in alternative energy, oil companies are doing a lot of that. You are talking out of both sides of your mouth - tax the hell out of oil companies, but at the same time give them tax breaks. Make up your mind. The tax increase on oil companies is not exorbitant. It simply hikes the tax back up to what it was under Clinton. The point here is to ween America off of oil, that's why we will be using taxes collected from the oil companies and they can lessen the tax burden, actually earn tax breaks, if they put more money toward developing alternative energy solutions. |
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Post by maxsawdust on Oct 23, 2008 19:22:24 GMT -5
AGAIN LET ME EXPLAIN THIS TO YOU
Take Exxon Mobil, which recently reported the highest quarterly profit ever and is the main target of any “windfall” tax surcharge. Yet if its profits are at record highs, its tax bills are already at record highs too. Between 2003 and 2007, Exxon paid $64.7 billion in U.S. taxes, exceeding its after-tax U.S. earnings by more than $19 billion. That sounds like a government windfall to me, but perhaps we’re missing some Obama business subtlety.
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Post by The New Guy on Oct 24, 2008 0:03:06 GMT -5
1. green jobs = government jobs = socialism = communism
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Post by saunterelle on Oct 24, 2008 11:39:22 GMT -5
My understanding is that businesses will be given incentives in the form of tax cuts if they make progress on "greening" America. If private business can do it better and more efficiently than the government, so be it.
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Post by saunterelle on Oct 27, 2008 15:55:55 GMT -5
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Post by surefire on Oct 27, 2008 15:59:35 GMT -5
^Those are sick puppies. They need to lock the key away. |
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Post by The Big Dog on Oct 27, 2008 16:42:35 GMT -5
Pretty bad. There are always a few nuts in every bag that just aren't fully roasted, and these two yayhoos seem to be them.
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Post by saunterelle on Oct 27, 2008 18:17:00 GMT -5
But when someone yells out a racial epitaph for all to hear at one of Palin's rallies, she just keeps on talking like it's normal. That is also concerning.
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