Formerly About Advanced Micro Devices Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TimF who wrote (352537)	9/28/2007 9:47:31 AM
From: Road Walker	Read Replies (1) of 1575800

re: But the taxes more than compensate for the subsidies. They still distort. Most other industries do not get subsidies and still pay taxes. And remember the only taxes that effect the oil company P/L are their corporate taxes, not the consumer taxes paid at the pump and levied by State/Federal governments. re: A price floor for oil would have some similarities to a subsidy for oil, even if there are also important differences. Depends on if it was a tax or no. If you said, for example, that the price of oil can't fall below $3.50, and anything below that cost would be a Federal tax (that went to development of alternatives) then that wouldn't be a subsidy. re: Depends on how you define "subsides". In addition to all their huge tax breaks and sweetheart oil leases, I call the Iraq war an oil subsidy. ------------------------------------ I wouldn't. In fact I'd go so far as to say it isn't very reasonable to count it that way, at least not all of it. We differ in opinion on that.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next