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Old 01-19-2007, 02:15 AM   #16
jinnamys

Join Date
Oct 2005
Posts
397
Senior Member
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OK, I wasn't trying to state that the semiconductor didn't get any tax breaks. It just doesn't seem to get the same benefits that oil does. I'd also say that computers are a huge part of national security. I understand the reaoning, but I just think the oil industry may get such benefits partly due to our president's family and their ties to oil.
I would disagree. The Semiconductor industry has gotten its fair share with the ETI, extra territorial income, deductions along with lopsided APA rules that have now been deemed "unfair" by WTO. The other issue is that the repeal will not do anything substantial to the price of oil to the consumer nor to the shareholders in the company. I am surprised that the Dems are thinking this is a major win, but it is mostly smoke and mirrors.
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