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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (352644)9/28/2007 2:07:25 PM
From: Road Walker  Read Replies (1) | Respond to of 1576180
 
re: The industry sells its gasoline at the current price (which includes the taxes), so they could likely sell it at the current price without the taxes and have a large part of the extra money go in to their pocket.

Jezzus do you know anything about business.

re: I'm not sure what you think I'm defending. I agree with you about eliminating the subsidies, and this isn't the first time. I've indicated such agreement again and again. I'd like the oil industry to be much more "purely capitalist". I'm just pointing out that the deviations from that occur both to the benefit and to the harm of the industry, and that most proposed changes in intervention are to increase it, to the harm of the industry.

Yeah out of one side of your mouth you say the subsidies should be eliminated and out the other you say "but they make up for them in taxes" or some other BS justification. What a wuss.