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Very Hot Topic (More than 25 Replies) Someone to look up to. (Read 5,960 times)
Redbeard
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Re: Someone to look up to.
Reply #20 - Apr 19th, 2015 at 10:57pm
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Wadsworth wrote on Apr 19th, 2015 at 10:47pm:
Yes we do.  We pay at the oil pump and they pay nothing. 

Then neither does SEARS or Wal Mart! It is all in the price of what you buy!! Grin Grin Grin
  

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Re: Someone to look up to.
Reply #21 - Apr 19th, 2015 at 10:58pm
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Redbeard wrote on Apr 19th, 2015 at 10:57pm:
Then neither does SEARS or Wal Mart! It is all in the price of what you buy!! Grin Grin Grin

Isn't he great!
  

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Re: Someone to look up to.
Reply #22 - Apr 19th, 2015 at 10:59pm
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Redbeard wrote on Apr 19th, 2015 at 10:57pm:
Then neither does SEARS or Wal Mart! It is all in the price of what you buy!! Grin Grin Grin

Wal Mart and Sears don't get the same tax breaks on their profits as the oil companies do.
  

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Re: Someone to look up to.
Reply #23 - Apr 19th, 2015 at 11:00pm
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Wadsworth wrote on Apr 19th, 2015 at 10:59pm:
Wal Mart and Sears don't get the same tax breaks on their profits as the oil companies do.

Hang on Feddy. Before you said they pay no taxes. Now you are saying they get tax breaks. How can a company get a break on something they don't pay to begin with?
  

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Wadsworth
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Re: Someone to look up to.
Reply #24 - Apr 19th, 2015 at 11:02pm
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Stop Being Naked in the Car wrote on Apr 19th, 2015 at 11:00pm:
Hang on Feddy. Before you said they pay no taxes. Now you are saying they get tax breaks. How can a company get a break on something they don't pay to begin with?

If I don't pay taxes, I consider that a break.
  

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Re: Someone to look up to.
Reply #25 - Apr 19th, 2015 at 11:05pm
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Wadsworth wrote on Apr 19th, 2015 at 11:02pm:
If I don't pay taxes, I consider that a break.

Show me the legislation that exempts the oil industry from paying taxes.
  

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Re: Someone to look up to.
Reply #26 - Apr 19th, 2015 at 11:07pm
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Stop Being Naked in the Car wrote on Apr 19th, 2015 at 11:05pm:
Show me the legislation that exempts the oil industry from paying taxes.

Read the article that Archie posted
  

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Re: Someone to look up to.
Reply #27 - Apr 19th, 2015 at 11:11pm
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Wadsworth wrote on Apr 19th, 2015 at 11:07pm:
Read the article that Archie posted

I did. So show me the legislation. There has to be something that says the oil industry does not have to pay taxes.
  

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Redbeard
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Re: Someone to look up to.
Reply #28 - Apr 19th, 2015 at 11:19pm
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Wadsworth wrote on Apr 19th, 2015 at 10:59pm:
Wal Mart and Sears don't get the same tax breaks on their profits as the oil companies do.

If your business makes gum a certain amount calculated in the price of that gum is he cost of your taxes. If the government gives you a subsidy to produce gum you can sell it at a lower price! Take away the subsidy and you will have to charge more for the product!
If you take away the government subsidy from the oil companies the price at the pump will go up! In effect the government subsidy reduces the customers cost!
This is one of the hidden taxes everyone pays Shocked Shocked
« Last Edit: Apr 20th, 2015 at 12:10am by Redbeard »  

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crepe05
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Re: Someone to look up to.
Reply #29 - Apr 20th, 2015 at 5:34am
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Redbeard wrote on Apr 19th, 2015 at 6:17pm:
Who pays the oil companies tax? You don't think it is passed to the consumer at the price at the pump? Grin Grin Grin


Speaking of taxes, I heard it reported that obama wants to raise the fed tax on gasoline.  I rather like buying my gas at $2.04 a gallon plus watching it drop down even more.  We don't need no stinkin' additional fed taxes on it.

BTW, who pays the fed taxes on that?
  
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