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Very Hot Topic (More than 25 Replies) Someone to look up to. (Read 5,962 times)
Stop Being Naked in the Car
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Re: Someone to look up to.
Reply #40 - Apr 20th, 2015 at 8:40pm
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Wadsworth wrote on Apr 20th, 2015 at 8:33pm:
subsidies/tax breaks, what is the difference.  Is there a difference when you refer to Obamacare?

You said they pay NO TAXES. If an entire industry is exempted from paying any taxes at all there has to be some sort of legislation. Show me that law. Subsidies, tax breaks and not paying any taxes at all are three completely different things.
  

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Re: Someone to look up to.
Reply #41 - Apr 20th, 2015 at 9:21pm
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Stop Being Naked in the Car wrote on Apr 20th, 2015 at 8:40pm:
You said they pay NO TAXES. If an entire industry is exempted from paying any taxes at all there has to be some sort of legislation. Show me that law. Subsidies, tax breaks and not paying any taxes at all are three completely different things.

Literally, they pay no taxes, no matter what you want to call it.
  

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Re: Someone to look up to.
Reply #42 - Apr 20th, 2015 at 9:25pm
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Wadsworth wrote on Apr 20th, 2015 at 9:21pm:
Literally, they pay no taxes, no matter what you want to call it.


HAHAHA
  

Deny, Ignore, Evade, Distract, Place Blame Elsewhere!  Must defend the Trump Messiah!

But, but, but....but Hillary, but Lynch, but Obama, but Boosh, but Clinton!
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Re: Someone to look up to.
Reply #43 - Apr 20th, 2015 at 9:32pm
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Redbeard wrote on Apr 19th, 2015 at 9:11pm:
The consumer pays all the taxes for all things. It is in the price of the goods in this case a gallon of fuel!! You can't stay in business long without putting your overhead into the product! Shocked Shocked

^THIS^ Grin Grin
  

Greg!
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Stop Being Naked in the Car
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Re: Someone to look up to.
Reply #44 - Apr 20th, 2015 at 9:33pm
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Wadsworth wrote on Apr 20th, 2015 at 9:21pm:
Literally, they pay no taxes, no matter what you want to call it.

SHOW ME THE LEGISLATION
  

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Re: Someone to look up to.
Reply #45 - Apr 20th, 2015 at 10:09pm
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Stop Being Naked in the Car wrote on Apr 20th, 2015 at 9:33pm:
SHOW ME THE LEGISLATION

Re-Read the posts
  

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Re: Someone to look up to.
Reply #46 - Apr 20th, 2015 at 10:23pm
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Kinda throws a kink in the whole idea that big oil doesn't pay taxes, haha.

"Three big energy firms paid the most taxes in absolute terms: Exxon $146 billion; Chevron $85 billion; and ConocoPhillips $58 billion."

http://www.nytimes.com/interactive/2013/05/25/sunday-review/corporate-taxes.html...;
  

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But, but, but....but Hillary, but Lynch, but Obama, but Boosh, but Clinton!
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Re: Someone to look up to.
Reply #48 - Apr 20th, 2015 at 10:39pm
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Stop Being Naked in the Car wrote on Apr 20th, 2015 at 10:26pm:

http://www.reuters.com/article/2012/03/29/us-obama-energy-idUSBRE82S11P20120329

http://www.realclearpolitics.com/articles/2014/01/17/big_oil_big_profits_big_tax...

http://www.realclearpolitics.com/articles/2014/01/17/big_oil_big_profits_big_tax...

http://www.thefiscaltimes.com/Articles/2011/02/09/10-Big-Corporate-Tax-Breaks

They pay no taxes.  We end up paying them through subsidies
Last year CNN did a story where they put together their own list of the so-called oil subsidies, and in their list the “largest single tax break” — amounting to $1.7 billion per year for the oil industry — is a manufacturer’s tax deduction that is defined in Section 199 of the IRS code. This is a tax credit designed to keep manufacturing in the U.S., but it isn’t specific to oil companies.
http://www.forbes.com/sites/energysource/2012/04/25/the-surprising-reason-that-o...

http://www.theatlantic.com/business/archive/2013/03/americas-most-obvious-tax-re...
  

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Re: Someone to look up to.
Reply #49 - Apr 20th, 2015 at 10:45pm
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And Wads thinks a tax break means they don't pay taxes, this is getting better.

Put it this way Wads, let's say I'm estimated to pay 10 bucks in taxes but I receive a tax break of 2 bucks, that means I still pay 8 bucks in taxes...
  

Deny, Ignore, Evade, Distract, Place Blame Elsewhere!  Must defend the Trump Messiah!

But, but, but....but Hillary, but Lynch, but Obama, but Boosh, but Clinton!
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