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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: miraje who wrote (5607)	3/4/2009 3:38:58 PM
From: RetiredNow	Read Replies (1) \| Respond to of 86355

yes, I did. However, that no longer applies to tech companies use of options to evade taxes. That stock options tax deduction is gone already. I think they changed the law on that back in 2006 or before. So tech companies aren't avoiding those taxes now. Certainly, their stocks haven't done well enough to make it an issue this decade. Going back to the oil company debate, though, you want a free market, and yet, you don't like the actions required to create a free market with a level playing field for all energy companies. That's ironic. This isn't about absolute dollars. That's a way to deflect from the real discussion. The total tax dollars collected from the energy industry are likely to remain the same or increase over time, as new energy companies are created that can compete with oil and coal. So the government will win by increasing the pie. However, to increase the pie, you have to create the conditions of a level playing field so all these companies can compete on price and innovation. In addition, you have to help new industries bridge the barriers to entry, in order to become viable alternatives to oil and coal. Competition is what has made this country great. It's time to bring real competition to the energy industry. Oil and coal have dominated for too long with no real competition.