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: TimF who wrote (375080)3/25/2008 6:57:27 PM
From: Road Walker  Read Replies (1) of 1574046
 
But the total is $14.5bil, 58% of that is going to numerous traditional energy sources. So what's going to just oil? $2bil? $5bil?

Lot more than that. And that's just the last government give away to the most profitable industry in the world.

Compare that to tens of billions from the taxes on refined oil products.

Excise taxes don't come out of the pockets of the oil companies. They have little or no effect on their corporate profits. They are a direct tax from the government to the consumer, like sales tax.

So you are being disingenuous as usual.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext