Oil, Subsidies, Profits and Taxes.. Suck a dong, liberals. - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**DadaSeeva** · 04-01-2012, 05:49 PM

Really excellent article here by a Reagan Economist:

http://www.realclearpolitics.com/art...in_113686.html

Oil companies have an effective corporate tax rate well above 40 percent. And they operate within one of the highest-taxed industries in America. According to the Tax Foundation, for more than 25 years, oil and gas companies have sent more tax dollars to Washington and state capitals than they earned in profits. That’s a fact.
Oil and gas companies finance 10 percent of non-defense discretionary spending.

ExxonMobil (The biggest) paid $59 billion in U.S. taxes over the five years prior to 2010. They earned $40.5 billion in US profits.

On subsidies? The green energy fruits got 49 times what the "fossil" industry got.

Last year, the greenies got 68 percent of energy-related tax handouts.

Oil, Gas and Coal got 64 cents per MWh in "subsidies" Big Wind? They got $56.29 per megawatt hour.

BTW, many of the Big Oil "subsidies" are just depreciation write offs for invested dollars. They get a 6% scale.. Manufacturing comes in at 9%. Everybody gets a better deal than Big Oil.

Compare this article by Larry Kudlow to the NYT's whine about BIG OIL and their evil and greed.

Big Oil’s Bogus Campaign

http://www.nytimes.com/2012/03/31/op...aign.html?_r=1

**MiniBoy** · 04-01-2012, 08:53 PM

http://youtu.be/_LBmUwi6mEo
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
.........................

**gedsiz** · 04-02-2012, 12:03 AM

Yes, but oil is evil------isn't it?

**blackjackblax** · 04-02-2012, 01:34 AM

http://youtu.be/dQCDokoKNGc
http://youtu.be/KshItV5JFYQ
http://youtu.be/WsdcD161T7M
http://youtu.be/2z7nAaTr6JQ
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

NO, IT ISN'T, AND ONLY A CRACKPOT.... OR A CUNNING LIAR...

WOULD SUGGEST OTHERWISE.

**mobiphones** · 04-02-2012, 01:36 AM

According to the Tax Foundation, for more than 25 years, oil and gas companies have sent more tax dollars to Washington and state capitals than they earned in profits. That’s a fact. I'm sorry, did you say they PAID more in taxes, than they made in profits?

I mean that doesn't sound like they're being supported by tax payers at all.

**pharmaclid** · 04-02-2012, 01:37 AM

I'm sorry, did you say they PAID more in taxes, than they made in profits?

I mean that doesn't sound like they're being supported by tax payers at all.

Well.. You gotta squint at it more..

Imagine you're a chi-com and nearsighted..

**Erossycuc** · 04-02-2012, 01:38 AM

Well.. You gotta squint at it more..

Imagine you're a chi-com and nearsighted..

Ok, I put my head directly up my ass.....and then read it again.

It seems that Big oil, is ruining america, with all the tax breaks they're given!!!!!!!

Why don't those bastards have to pay their part??????!

**sztc38tg** · 04-02-2012, 01:40 AM

http://youtu.be/dQCDokoKNGc
http://youtu.be/KshItV5JFYQ
http://youtu.be/WsdcD161T7M
http://youtu.be/2z7nAaTr6JQ
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

DAGNEY IS A SHIT-EATING SHILL FOR TYRANNY.

**pirinosa** · 04-05-2012, 04:00 PM

Really excellent article here by a Reagan Economist:

Oil and gas companies finance 10 percent of non-defense discretionary spending.

ExxonMobil (The biggest) paid $59 billion in U.S. taxes over the five years prior to 2010. They earned $40.5 billion in US profits.

On subsidies? The green energy fruits got 49 times what the "fossil" industry got.

Last year, the greenies got 68 percent of energy-related tax handouts.

Oil, Gas and Coal got 64 cents per MWh in "subsidies" Big Wind? They got $56.29 per megawatt hour.

BTW, many of the Big Oil "subsidies" are just depreciation write offs for invested dollars. They get a 6% scale.. Manufacturing comes in at 9%. Everybody gets a better deal than Big Oil.

Compare this article by Larry Kudlow to the NYT's whine about BIG OIL and their evil and greed.

A few things if I may, seven actually

Corporations don't pay taxes. Corporate taxes are a hidden consumption tax, so additional credits are a subsidy
Liberals are not the only ones opposed to subsidies (corporate welfare) It is in fact a central issue of the Libertarian platform
Lumping oil, gas and coal into one industry is a ruse. They are three different products, three different markets, with three different subsidy structures
Claiming it is ok to subsidize fossil fuel because renewables are also subsidized is like saying more of a bad thing is better.
Evil and greed are the stuffing of a straw man with the possible exception of a minority of nuts
Where does Nuclear and hydo electric fit into the equation?
"Per megawatt hour" is like comparing the storage capability of a Commodore 64 from 1980 to a blade server in 2012. Comparing an emerging technology to an established one is apples and oranges. In 1895. buggy whips outsold gasoline

End all federal subsidy and speculation to all energy and let the market decide the winners and losers. Lets see how eager ExxonMobile is to build the Keystone pipeline without taxpayers paying the bills. (YES, when corperations take tax credits, the tax burden is shifted)

**Antelpebabe** · 04-05-2012, 04:02 PM

http://youtu.be/_LBmUwi6mEo
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

LET'S HAVE A FREE MARKET, PERIOD.

...AND YOU GO FUCK SOME FAT GUY, SAARA.

(AGAIN)

**Npbfamgt** · 04-05-2012, 05:48 PM

And for the record and as a side note to the artical, when Ronald Reagan famously said, “There you go again", he lied and Carter was right. Reagan had opposed medicare and did eventually raise Social Security and medicare taxes as carter said he would have to. Reagan was a borrow and spend republican, which is as bad or worse then a tax and spend Democrat

**golozhopik** · 04-05-2012, 07:59 PM

Liberals love beat on about Reagan's debt, yet I never hear a peep out of them when it comes to nigger boy bitch and his 5 trillion dollar spending spree in just 3 years.

Oh and sarah, Reagan is not the president anymore, that was way back in the early 80s, I was still driving my 1973 Mach1 mustang.

**stastony** · 04-05-2012, 08:57 PM

Liberals love beat on about Reagan's debt, yet I never hear a peep out of them when it comes to nigger boy bitch and his 5 trillion dollar spending spree in just 3 years.

Oh and sarah, Reagan is not the president anymore, that was way back in the early 80s, I was still driving my 1973 Mach1 mustang.

Presidents can't create debt stupid, civics 101, that was the tea party congress that added a trillion in debt

Reagan and O'Neil got drunk and imposed the biggest tax increase in US history

**Nmoitmzr** · 04-05-2012, 09:17 PM

WHEN ARE THE PEOPLE GOING TO FIGURE OUT THAT THE OIL FROM INSIDE THE PLANET COMES FROM THE BODIES OF DEAD FALLEN ANGEL OFFSPRING.

BURNING RELEASES ALL OF THOSE FALLEN ANGEL SPIRITS INTO THE ATMOSPHERE.

**ordercigsnick** · 04-08-2012, 07:24 AM

WHEN ARE THE PEOPLE GOING TO FIGURE OUT THAT THE OIL FROM INSIDE THE PLANET COMES FROM THE BODIES OF DEAD FALLEN ANGEL OFFSPRING.

BURNING RELEASES ALL OF THOSE FALLEN ANGEL SPIRITS INTO THE ATMOSPHERE.

Impossible, the universe is actually only 5774 years old, far too little time for that to have happened.

**esanamaserrn** · 04-08-2012, 10:33 AM

Impossible, the universe is actually only 5774 years old, far too little time for that to have happened.

Yeah they can't get me to believe in that carbon dating strata crap either.

Especially when potassium dating doesn't match AND there are NO MISSING "EVOLUTIONARY CHAIN" LINKS SPECIES LIVING OR DEAD REMAINS DISCOVERED ANYWHERE ON THE PLANET.

In the beginning God created the heavens and the Earth.

http://en.wikipedia.org/wiki/Young_Earth_creationism

**rhiniddibiarmr** · 04-08-2012, 11:55 AM

http://youtu.be/dQCDokoKNGc
http://youtu.be/KshItV5JFYQ
http://youtu.be/WsdcD161T7M
http://youtu.be/2z7nAaTr6JQ
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

YOUR PEA BRAIN ROLLED OUT YOUR ASSHOLE THE

FIRST TIME YOU TOOK SOLID FOOD.

**Fekliopas** · 04-08-2012, 12:01 PM

BE QUIET ASTRONUT GOAT

**MzTT** · 04-08-2012, 12:02 PM

http://youtu.be/dQCDokoKNGc
http://youtu.be/KshItV5JFYQ
http://youtu.be/WsdcD161T7M
http://youtu.be/2z7nAaTr6JQ
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

SHUT UP, YOU BRAINLESS TWIT.

**unsamiSlini** · 04-08-2012, 12:03 PM

http://youtu.be/dQCDokoKNGc
http://youtu.be/KshItV5JFYQ
http://youtu.be/WsdcD161T7M
http://youtu.be/2z7nAaTr6JQ
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

YOU SUCK MY MEAT-ARTICAL, SAAGNEY, YOU FAT-WRAPPED, SHIT-FACED

SHILL FOR TYRANNY.

04-01-2012, 05:49 PM	#1
DadaSeeva Join Date Oct 2005 Posts 436 Senior Member	Oil, Subsidies, Profits and Taxes.. Suck a dong, liberals. Really excellent article here by a Reagan Economist: http://www.realclearpolitics.com/art...in_113686.html Oil companies have an effective corporate tax rate well above 40 percent. And they operate within one of the highest-taxed industries in America. According to the Tax Foundation, for more than 25 years, oil and gas companies have sent more tax dollars to Washington and state capitals than they earned in profits. That’s a fact. Oil and gas companies finance 10 percent of non-defense discretionary spending. ExxonMobil (The biggest) paid $59 billion in U.S. taxes over the five years prior to 2010. They earned $40.5 billion in US profits. On subsidies? The green energy fruits got 49 times what the "fossil" industry got. Last year, the greenies got 68 percent of energy-related tax handouts. Oil, Gas and Coal got 64 cents per MWh in "subsidies" Big Wind? They got $56.29 per megawatt hour. BTW, many of the Big Oil "subsidies" are just depreciation write offs for invested dollars. They get a 6% scale.. Manufacturing comes in at 9%. Everybody gets a better deal than Big Oil. Compare this article by Larry Kudlow to the NYT's whine about BIG OIL and their evil and greed. Big Oil’s Bogus Campaign http://www.nytimes.com/2012/03/31/op...aign.html?_r=1 Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-01-2012, 08:53 PM	#2
MiniBoy Join Date Oct 2005 Posts 495 Senior Member	http://youtu.be/_LBmUwi6mEo ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ......................... Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-02-2012, 12:03 AM	#3
gedsiz Join Date Oct 2005 Posts 391 Senior Member	Yes, but oil is evil------isn't it? Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-02-2012, 01:34 AM	#4
blackjackblax Join Date Oct 2005 Posts 538 Senior Member	http://youtu.be/dQCDokoKNGc http://youtu.be/KshItV5JFYQ http://youtu.be/WsdcD161T7M http://youtu.be/2z7nAaTr6JQ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NO, IT ISN'T, AND ONLY A CRACKPOT.... OR A CUNNING LIAR... WOULD SUGGEST OTHERWISE. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-02-2012, 01:36 AM	#5
mobiphones Join Date Oct 2005 Posts 546 Senior Member	According to the Tax Foundation, for more than 25 years, oil and gas companies have sent more tax dollars to Washington and state capitals than they earned in profits. That’s a fact. I'm sorry, did you say they PAID more in taxes, than they made in profits? I mean that doesn't sound like they're being supported by tax payers at all. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-02-2012, 01:37 AM	#6
pharmaclid Join Date Oct 2005 Posts 419 Senior Member	I'm sorry, did you say they PAID more in taxes, than they made in profits? I mean that doesn't sound like they're being supported by tax payers at all. Well.. You gotta squint at it more.. Imagine you're a chi-com and nearsighted.. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-02-2012, 01:38 AM	#7
Erossycuc Join Date Oct 2005 Posts 388 Senior Member	Well.. You gotta squint at it more.. Imagine you're a chi-com and nearsighted.. Ok, I put my head directly up my ass.....and then read it again. It seems that Big oil, is ruining america, with all the tax breaks they're given!!!!!!! Why don't those bastards have to pay their part??????! Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-02-2012, 01:40 AM	#8
sztc38tg Join Date Oct 2005 Posts 415 Senior Member	http://youtu.be/dQCDokoKNGc http://youtu.be/KshItV5JFYQ http://youtu.be/WsdcD161T7M http://youtu.be/2z7nAaTr6JQ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ DAGNEY IS A SHIT-EATING SHILL FOR TYRANNY. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-05-2012, 04:00 PM	#9
pirinosa Join Date Oct 2005 Posts 444 Senior Member	Really excellent article here by a Reagan Economist: Oil and gas companies finance 10 percent of non-defense discretionary spending. ExxonMobil (The biggest) paid $59 billion in U.S. taxes over the five years prior to 2010. They earned $40.5 billion in US profits. On subsidies? The green energy fruits got 49 times what the "fossil" industry got. Last year, the greenies got 68 percent of energy-related tax handouts. Oil, Gas and Coal got 64 cents per MWh in "subsidies" Big Wind? They got $56.29 per megawatt hour. BTW, many of the Big Oil "subsidies" are just depreciation write offs for invested dollars. They get a 6% scale.. Manufacturing comes in at 9%. Everybody gets a better deal than Big Oil. Compare this article by Larry Kudlow to the NYT's whine about BIG OIL and their evil and greed. A few things if I may, seven actually Corporations don't pay taxes. Corporate taxes are a hidden consumption tax, so additional credits are a subsidy Liberals are not the only ones opposed to subsidies (corporate welfare) It is in fact a central issue of the Libertarian platform Lumping oil, gas and coal into one industry is a ruse. They are three different products, three different markets, with three different subsidy structures Claiming it is ok to subsidize fossil fuel because renewables are also subsidized is like saying more of a bad thing is better. Evil and greed are the stuffing of a straw man with the possible exception of a minority of nuts Where does Nuclear and hydo electric fit into the equation? "Per megawatt hour" is like comparing the storage capability of a Commodore 64 from 1980 to a blade server in 2012. Comparing an emerging technology to an established one is apples and oranges. In 1895. buggy whips outsold gasoline End all federal subsidy and speculation to all energy and let the market decide the winners and losers. Lets see how eager ExxonMobile is to build the Keystone pipeline without taxpayers paying the bills. (YES, when corperations take tax credits, the tax burden is shifted) Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-05-2012, 04:02 PM	#10
Antelpebabe Join Date Oct 2005 Posts 468 Senior Member	http://youtu.be/_LBmUwi6mEo ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ LET'S HAVE A FREE MARKET, PERIOD. ...AND YOU GO FUCK SOME FAT GUY, SAARA. (AGAIN) Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-05-2012, 05:48 PM	#11
Npbfamgt Join Date Oct 2005 Posts 564 Senior Member	And for the record and as a side note to the artical, when Ronald Reagan famously said, “There you go again", he lied and Carter was right. Reagan had opposed medicare and did eventually raise Social Security and medicare taxes as carter said he would have to. Reagan was a borrow and spend republican, which is as bad or worse then a tax and spend Democrat Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-05-2012, 07:59 PM	#12
golozhopik Join Date Nov 2005 Posts 498 Senior Member	Liberals love beat on about Reagan's debt, yet I never hear a peep out of them when it comes to nigger boy bitch and his 5 trillion dollar spending spree in just 3 years. Oh and sarah, Reagan is not the president anymore, that was way back in the early 80s, I was still driving my 1973 Mach1 mustang. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-05-2012, 08:57 PM	#13
stastony Join Date Oct 2005 Posts 477 Senior Member	Liberals love beat on about Reagan's debt, yet I never hear a peep out of them when it comes to nigger boy bitch and his 5 trillion dollar spending spree in just 3 years. Oh and sarah, Reagan is not the president anymore, that was way back in the early 80s, I was still driving my 1973 Mach1 mustang. Presidents can't create debt stupid, civics 101, that was the tea party congress that added a trillion in debt Reagan and O'Neil got drunk and imposed the biggest tax increase in US history Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-05-2012, 09:17 PM	#14
Nmoitmzr Join Date Oct 2005 Posts 717 Senior Member	WHEN ARE THE PEOPLE GOING TO FIGURE OUT THAT THE OIL FROM INSIDE THE PLANET COMES FROM THE BODIES OF DEAD FALLEN ANGEL OFFSPRING. BURNING RELEASES ALL OF THOSE FALLEN ANGEL SPIRITS INTO THE ATMOSPHERE. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-08-2012, 07:24 AM	#15
ordercigsnick Join Date Nov 2005 Posts 335 Senior Member	WHEN ARE THE PEOPLE GOING TO FIGURE OUT THAT THE OIL FROM INSIDE THE PLANET COMES FROM THE BODIES OF DEAD FALLEN ANGEL OFFSPRING. BURNING RELEASES ALL OF THOSE FALLEN ANGEL SPIRITS INTO THE ATMOSPHERE. Impossible, the universe is actually only 5774 years old, far too little time for that to have happened. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

04-08-2012, 10:33 AM	#16
esanamaserrn Join Date Oct 2005 Posts 475 Senior Member	Impossible, the universe is actually only 5774 years old, far too little time for that to have happened. Yeah they can't get me to believe in that carbon dating strata crap either. Especially when potassium dating doesn't match AND there are NO MISSING "EVOLUTIONARY CHAIN" LINKS SPECIES LIVING OR DEAD REMAINS DISCOVERED ANYWHERE ON THE PLANET. In the beginning God created the heavens and the Earth. http://en.wikipedia.org/wiki/Young_Earth_creationism Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-08-2012, 11:55 AM	#17
rhiniddibiarmr Join Date Oct 2005 Posts 533 Senior Member	http://youtu.be/dQCDokoKNGc http://youtu.be/KshItV5JFYQ http://youtu.be/WsdcD161T7M http://youtu.be/2z7nAaTr6JQ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ YOUR PEA BRAIN ROLLED OUT YOUR ASSHOLE THE FIRST TIME YOU TOOK SOLID FOOD. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-08-2012, 12:01 PM	#18
Fekliopas Join Date Oct 2005 Posts 331 Senior Member	BE QUIET ASTRONUT GOAT Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-08-2012, 12:02 PM	#19
MzTT Join Date Oct 2005 Posts 665 Senior Member	http://youtu.be/dQCDokoKNGc http://youtu.be/KshItV5JFYQ http://youtu.be/WsdcD161T7M http://youtu.be/2z7nAaTr6JQ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SHUT UP, YOU BRAINLESS TWIT. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

04-08-2012, 12:03 PM	#20
unsamiSlini Join Date Oct 2005 Posts 381 Senior Member	http://youtu.be/dQCDokoKNGc http://youtu.be/KshItV5JFYQ http://youtu.be/WsdcD161T7M http://youtu.be/2z7nAaTr6JQ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ YOU SUCK MY MEAT-ARTICAL, SAAGNEY, YOU FAT-WRAPPED, SHIT-FACED SHILL FOR TYRANNY. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote