You want to do away with depreciating capital expenses for ALL businesses? REALLY?
like i said, not just big oil. why not start with them? what is this strange affair that hardcore conservatives have with big oil? (even though they're not conservative)
You want to do away with depreciating capital expenses for ALL businesses? REALLY?
Considering the complete absence of actual do ents in this articles and Obama's decidedly non-far-left record as president, it's not really interesting at all.
you know i don't. the need for oil and gas is like the need for air. apps for your iphone aren't a necessity.
I'm not in love with big oil but the Obama administrations WAR on big oil disgusts me. Yeah, they are big businesses. Yeah, buying gas is a big expense for voters. Big oil is probably unpopular with voters. To make them villains in a political campaign however, and treat them differently than any other company just for political points with stupid voters is absolutely reprehensible. The US government makes a of a lot more money on every single gallon of gas sold than the oil companies do.
if you don't think that politics and big oil isn't an influence on empire building and foreign policy.......well, then i don't know what to tell you, other than big oil always wins.
You can say that about a lot of companies, industries, and individuals.
Yeah, it's in context to call it a war.
sure you can, but why not bag a big one?
It just blows my mind that blue team hates an industry (oil) that gets less than 8% return on investment, yet loves companies that make twice that return on investment (like google) and wants to punish the company making an 8% return on investment by taking away tax deductions that other companies would still get.
we don't need apple. the entire oil thing is a racket fueled by speculators and profits, and we need this like we need air. its different.
we would love BigOil if they got 25% ROI? no.
by the way, the 8% is bogus, as is all corp accounting, a bunch of lies and fraud to avoid paying taxes.
Get back to us with BigOil and BigCoal pay the their external costs of environmental and health destruction.
It's hyperbole, too.
OH! I play Devil's Advocate on both sides
We don't need oil either.
oh yes we do!!!!!!
high octane!!!!!
But what does that have to do with taking away the capital expense deduction from just one industry for political points with the uninformed voters? Don't you realize that it would just increase the price of gas at the pump and the average guy putting gas in his car would pay for it in the end?
you don't understand the mission us patriots are ready to act on. the instant they retaliate and raise the price is instant we gonna nationalize that .
:americanflagemoticon
"just increase the price of gas at the pump"
... which would push people to demand more efficient cars, alternative energy, which the BigOil has $Bs with which to fight against any lowering of demand for their products. BigOil is already shipping US-sourced petro products out of the country.
and a vote for me will put an A-10 warthog in every garage.
Obama wants the perception that he's crusading against big oil, but for the most part it's just a farce. Big oil makes a convienent boogeyman for him to focus blue team anger at, but at the end of the day the O&G industry is the fastest growing sector of the economy and Obama isn't going to do anything significant to stand in their way because he wants to take credit for the jobs that the O&G industry creates. For all the rhetoric about getting rid of big oil tax breaks and windfall profit taxes, nothing ever happens. To keep with the war analogy, Obama may be talking full scale armed conflict, but in reality he's using blanks.
The left loves a good liar. That's why they voted for him.
Sorry, WC. You wouldn't accept this kind of story on its face if a Republican was the target.
Disingenuous.
obama's socialist ideology has been apparent in his presidency from day 1...the backdoor amnesty for illegals among other things. he's a dangerous, hardcore big govt socialist liberal. he's got us on a head on collision with being a police state. i've never been more alarmed under any presidency than i am under this one. this man wants to destroy america.
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