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To: GVTucker who wrote (182553)	11/8/2005 10:54:38 AM
From: robert b furman	Read Replies (1) \| Respond to of 186894

Depletion allowance is at decades low (15%). Other than that as oil is extracted it creates revenue and normal depreciation. The housing sector is a classic example of REAL deferred income. I still fail to see a subsidy here. Bob

To: GVTucker who wrote (182553)	11/10/2005 4:32:45 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

I thought you just said deferment of income wasn't as huge of a benefit as the deduction that investors like you get when you initiate an investment - the later sounds like a pretty good deal for someone in a high tax bracket seeking to substantially lower it at the onset while expecting a conservative growth scenario. edit: I'm assuming a depletion allowance is equivalent to deferment. Is that a correct assumption? On a different note: Here's a good article: Three cheers for this: Ford: Cost cuts will not cut hybrids Despite company-wide cost-cutting efforts, product plans are going forward, company exec says. November 9, 2005; Posted: 11:01 p.m. EST (0401 GMT) cnn.com