Conversely, and to parrot your phrase, it baffles my mind that some on the right continue to believe those on the left are putting forth a mantra of eliminating all fossil fuel energy production immediately and for all time. That simply is not true.
Can you find a quote on this board or anywhere in the universe where a statement like that has been made by someone on the right?
Now after all you said in your post, you still never answered my question about whether oil companies should be able to deduct all the same expenses that every other business gets to deduct.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Rick wrote: Can you find a quote on this board or anywhere in the universe where a statement like that has been made by someone on the right?
Now after all you said in your post, you still never answered my question about whether oil companies should be able to deduct all the same expenses that every other business gets to deduct.
The first part of your post, I'll ignore. From my view, defending those on the right in this regard just doesn't wash.
In answer to the second part of your post, shouldn't this suffice?
That being said, "fairness" across the board is essential, as you imply. Benefiting one industry while harming another is, in fact, un-American, in my view.
If not, then I'll go ahead and say NO business, oil industry or renewables, should be less able than another business to deduct the same expenses.
My take away on this is there are few industries whose hands are completely clean in anything they do, and that includes renewables.
You are correct. Much of the tax code is a hodge podge of breaks from our bought and paid for political class. How many billions were contributed to this last election. Think that was altruistic?
We have a basic fundamental disagreement on the cause. You blame the industries for buying the government. I blame the government for expanding their powers to the point they have so much to sell.
BlazerBob wrote: We have a basic fundamental disagreement on the cause. You blame the industries for buying the government. I blame the government for expanding their powers to the point they have so much to sell.
I don't think so, BlazerBob. The adage "give them an inch, and they'll take a mile" rings pretty accurately from my perspective. What that means to me is this is a "shared" rip-off. Both industry and government are complicit. To what extent each of them is complicit, though, is open for discussion.
Rick wrote: Can you find a quote on this board or anywhere in the universe where a statement like that has been made by someone on the right?
Now after all you said in your post, you still never answered my question about whether oil companies should be able to deduct all the same expenses that every other business gets to deduct.
The first part of your post, I'll ignore. From my view, defending those on the right in this regard just doesn't wash.
In answer to the second part of your post, shouldn't this suffice?
That being said, "fairness" across the board is essential, as you imply. Benefiting one industry while harming another is, in fact, un-American, in my view.
If not, then I'll go ahead and say NO business, oil industry or renewables, should be less able than another business to deduct the same expenses.
Excellent, so we can agree that tax deductions are not "tax breaks" or subsidies. I've had this argument before with my dad and made less progress.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Rick wrote: Can you find a quote on this board or anywhere in the universe where a statement like that has been made by someone on the right?
Now after all you said in your post, you still never answered my question about whether oil companies should be able to deduct all the same expenses that every other business gets to deduct.
The first part of your post, I'll ignore. From my view, defending those on the right in this regard just doesn't wash.
In answer to the second part of your post, shouldn't this suffice?
That being said, "fairness" across the board is essential, as you imply. Benefiting one industry while harming another is, in fact, un-American, in my view.
If not, then I'll go ahead and say NO business, oil industry or renewables, should be less able than another business to deduct the same expenses.
Excellent, so we can agree that tax deductions are not "tax breaks" or subsidies. I've had this argument before with my dad and made less progress.
However, you may want to read this from an arguably more "conservative" organization on this subject:
Arguably is correct, they engage in the same deception of redefining subsidies that is employed anytime someone wants the oil and gas industry treated in a different manner than other industries are treated. It also contains a number of "buzzwords" particular to the lexicon of the left such as "fair share" of taxes.
But at least this one identifies specific tax deductions and tax exemptions that they feel should be eliminated from the tax code. I'll read the entire report and see if I believe there is any merit to their arguments. Thanks for the link to the report Z.
Interesting, perhaps. Spin, for sure. Strange how they fail to mention how we the taxpayers funded the development of companies like Fisker, ENER1, and A123, who all filed bankruptsy, and are now owned by Russian and Chinese interests.
Isn't it great that we invest billions of dollars in companies and then let them be purchased by foreign firms for pennies on the dollar?
I had no idea wealth redistribution entailed taking my tax money and giving it to foreign corporations.
