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Old 01-19-2007, 01:31 AM   #12
blackjackblax

Join Date
Oct 2005
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538
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Of course companies are included in the class warfare view of the world. Thus the existence of the, evil faceless corporation, view point. Oil companies as some of the larger companies are almost the banner holders of the 'evil faceless corporation' stereotype.

As for the deductions by other companies can you show that other companies whose production is vital to US National Security, don't recieve similar tax deductions.
I dunno, but I'd assume they don't since the dems didn't target any other industries. I did however dig this thing up on oil and taxes.

Oil Slickers: How Petroleum Benefits at the Taxpayer's Expense-Part 1

Kind of interesting about some of the tax breaks the oil companies get.

I know in the semiconductor industry we are building fabs outside the US for excessive taxes and lack of incentives. It is just cheaper to build them outside the US. That is why I'd assume the semiconductor indusrty isn't getting billions in tax breaks.
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