SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (643608)1/26/2012 2:22:47 AM
From: TimF8 Recommendations  Respond to of 1579682
 
I did. The conclusion is that the net subsidy is negative. The argument presented was that Governments in the US (and even more so in Europe and Japan) profit more from oil than the oil companies. A more specific argument which I've posted multiple times on SI is that the special targeted taxes on the oil industry are higher than the special targeted tax breaks for the oil industry, in fact higher than the profits of the oil industry.