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: puborectalis who wrote (779952)4/14/2014 11:46:50 PM
From: i-node3 Recommendations

Recommended By
Brumar89
PKRBKR
steve harris

  Read Replies (1) | Respond to of 1574854
 
>> Oil companies pay less in U.S. taxes in part because they receive generous tax subsidies. These subsidies will cost the U.S. government about $3 billion next year in lost revenue and nearly $20 billion over the next five years.

Barack Obama subsidized physicians to the tune of $30 Billion in the stimulus to buy computers and software for providers.

Did you bitch about THAT subsidy?

BTW, oil companies don't get subsidies like that 30 Billion. They get tax deductions, which are in fact, the same as the tax deductions you get in YOUR personal service corporation and the same that I get my S-Corporations. And some idiots call those "subsidies" and you're too uninformed to know the difference.



To: puborectalis who wrote (779952)4/15/2014 10:07:53 AM
From: Brumar89  Respond to of 1574854
 
That baloney about oil company subsidies is based on claiming that things like LIFO accounting are subsidies. Seriously, LIFO accounting is the biggest single "oil industry subsidy."