SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: i-node who wrote (138682)8/8/2001 5:00:28 PM
From: tejek  Read Replies (1) of 1576167
 
Tax law has long recognized the risk involved in oil & gas development and, accordingly, has given favorable treatment to Intangible Drilling & Development Costs for years; likewise, depletion, which has been a basic premise of the Internal Revenue Code since '39. So what's new?

It has long been acknowledged as US Tax Policy to give favorable tax treatment for activities you want to encourage (ever heard of the Investment Tax Credit?)

I really don't see what you're excited about.

And you say the Dems. are crazy....the oil/nat. gas sector has been making $$$ hand over fist as evidenced by the run their stocks have had and you say its perfectly reasonable to hand over 23 billion dollars worth of tax cuts to them.

What a hypocrite...if the Reps. said it was in the interest of national security to erect a statute made of gold in Bush's honor, you would go for it.

What? Are you a paid official of the party? Its the only thing that makes sense.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News