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


To: TimF who wrote (375080)3/25/2008 6:57:27 PM
From: Road Walker  Read Replies (1) | Respond to of 1574085
 
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.