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Author Topic: Pickups powered by natural gas and gasoline [Locked]
paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
Which tax break?

 

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ineenia  2 stars
Posts: 373
Registered: 2005-11-1 04:48:33
It is 4 billion subsides to the oil industry ...I don't have a clue as to when they were first imposed.

 

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If their stupidity didn't shelter them from the full shame of their actions,their would be alot more republican suicides.
paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
Then I dismiss your claim since you don't know anything about the subject.

/shrug

 

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If you wish to make an apple pie from scratch...
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"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
paulg_68 posted:

Why on earth would it need a tax incentive?






Mainly because there isn't the fueling infrastructure to support it I would think.


Although the incentives might be better used to promote fueling stations than the cars themselves in that case.
ineenia  2 stars
Posts: 373
Registered: 2005-11-1 04:48:33
paulg_68 posted:

Then I dismiss your claim since you don't know anything about the subject.

/shrug





you're an idiot.


http://www.foxnews.com/politics/2012/03/17/obama-seeks-halt-to-tax-subsidies-for-oil-industry/

http://abcnews.go.com/Politics/wireStory/obama-seeks-halt-tax-subsidies-oil-industry-15943549#.T2y4wdVANhE

http://www.bostonglobe.com/news/nation/2012/03/17/put-end-oil-industry-tax-breaks-obama-says/5JfPzEDTuaOIZucpf62VFN/story.html

 

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If their stupidity didn't shelter them from the full shame of their actions,their would be alot more republican suicides.
paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
Linked article posted:

The measure is considered a long shot in Congress, given that Obama couldn't end the subsidies when Democrats controlled Congress earlier in his term.


Like I said, it's not just the Republicans.

Isn't it funny that I proved you wrong and myself right using a link you provided in a post where you called me an idiot.

 

-----signature-----
If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
paulg_68 posted:

ineenia posted:

paulg_68 posted:

Why on earth would it need a tax incentive?






They are competing against big oil and all the tax incentives and outright giveaways the republicans have given to big oil.



It's always the same. Fiscal liberals give away corporate welfare. Time goes by and fiscal liberals forget why they did it. Then fiscal liberals try to blame someone else for the corporate welfare.


I'm sure a portion of the corporate welfare for oil companies came from Republicans, but plenty of it came from Democrats too. In both cases though it came from fiscal liberals in the parties.






Currently there is no cost on the pollution associated with gasoline. This is a fairly massive subsidy (welfare gift) to oil and gasoline producers.


Ideally we would get rid of this subsidy and let each product (gasoline, natural gas, electric) compete. The fiscal conservatives dont seem to support this and often insist that forcing producers to include the total costs of production into their price is government interference in the market.


Balancing subsidies is certainly not ideal.
paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
It's a subsidy to who? The producers of gasoline or the users? Or both?

The production of gasoline produces little pollution. The consumption of it produces quite a bit more.

 

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If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
Both, pretty obviously. You seem to have little grasp of how markets work, which is ironic.


If you relieve people of the cost of polluting with oil, they will consume more oil. The subsidy flows down to the producer as well, although obviously not with 100% efficiency.


It's like saying a government subsidy for people who buy hybrids doesn't benefit the manufacturer.
paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
One or redkay's pet issues is externalized costs. For some reason though he never wants to touch the issue of externalized benefits. He thinks companies should be charged for for one but that they should never be rewarded for the other. That seems inconsistent.

It think it's pretty clear that the externalized benefits of oil usage far far outweigh the externalized costs.

 

-----signature-----
If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1

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