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: Tenchusatsu who wrote (387916)	6/2/2008 2:38:00 PM
From: Road Walker	Read Replies (1) of 1579522

The majority of those taxes are excise taxes, which can be argued are a tax on the consumer not the companies. -------------------------------------------------------- That can be said of any tax. It's a much more appropriate fit with an excise tax. When you pay for schools with a property tax you don't call it a tax on the real estate business. The point is that the subsidies to Big Oil can be viewed in the same way as the subsidies being offered to AMD by Albany, NY. It's all about bringing in the tax revenue. Not at all. The oil subsidies are industry wide, not plant specific. And they are meant to lower the oil company tax liability, not increase tax revenue. They could still have all the excise taxes they want without the subsidies. Hence I don't get the whole argument over whether the global oil market is "free" or not. Me neither. It's not that important a distinction unless you somehow believe in a purist capitalist Utopian libertarian marketplace. In which case you are so deluded that it's almost impossible to have a meaningful discussion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next