Personal Freedom's and the Hypocrisy of the Republican Party

Discussion in 'Free Speech Alley' started by LaSalleAve, Mar 31, 2011.

  1. Rex_B

    Rex_B Geaux Time

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    There you go Red, the Rich will save us all! Tax the rich for the crap the Govt. spends.
     
  2. LSUsupaFan

    LSUsupaFan Founding Member

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    You mean the people who already pay the highest effective rates? The people who earn 40% of the income but hold 55% of the tax burden?



    Oil companies are not subsidized. That is a liberal lie.


    They aren't. Oil companies are taxed to the hilt at every phase in the process. They deduct all those taxes and sometimes don't owe income taxes.

    Yes! Restricting trade is always good for everyone.
     
  3. LaSalleAve

    LaSalleAve when in doubt, mumble

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    notice that inequality is worse in oil country and around wall street.

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    better be in the top 1%. If these charts don't alarm you, and show the path this country is headed....Like uh... Mexico.... You are a fascist.
     
  4. LSUsupaFan

    LSUsupaFan Founding Member

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    How exactly do you interpret all that? I don't think you can relate any of those charts into a coherent point.
     
  5. martin

    martin Banned Forever

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    i cant even make the major leagues. a-rod has hundreds of HR. i have zero. and he is just widening the gap. somebody should break his legs because i would be hitting some HR but he is taking all of them from me.
     
  6. red55

    red55 curmudgeon Staff Member

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    No one is fooled by your charade. Special interest tax breaks for oil companies are subsidies. Congress knows this. Everybody knows this.

     
  7. LSUsupaFan

    LSUsupaFan Founding Member

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    The naming of a bill does not fool anyone who knows the difference between a business deduction and a subsidy. If a congressmen introduces a bill called "the eradicate carcinogens act of 2011" and then the bill details how M&Ms will all be destroyed does that make M&Ms carcinogens. No. They are still just delicious little candies.

    Everything that bill talks about is a tax break designed to incentivize some activity the government finds favorable. None of those things are subsidies.

    the applicable definition of subsidy is:

    Tax rules allowing a corps or individuals to keep more of the money they earn don't meet that definition.

    You got a problem with the tax code. Fine. Argue that. But don't lie and call legitimate cost of business deductions subsidies. No one is going to take you seriously.
     
  8. red55

    red55 curmudgeon Staff Member

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    Of course they are. They are incentivizing companies that need no incentive and are rolling in unprecedented profits with these subsidies.

    If I give you $100 to wear a red hat, then I have subsidized you $100 to wear red hats. If I reduce the $100 you owe me to zero through a magnanimous tax break, then I have subsidized you $100 to wear red hats.
     
  9. LSUsupaFan

    LSUsupaFan Founding Member

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    I have had a number of E&O clients in my day. I know they would not drill domestically if they could not acclerate the depreciation of capital related to dryholes.

    What you fail to understand is inspite of these huge profits these companies operate on tiny margins. They make money on volume.

    No. If you paid me $100 to wear a red hat you have subsidized me. If you allow me to keep the $100 I earned you have given me a tax break.
     
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  10. SabanFan

    SabanFan The voice of reason

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    Watching Red get consistently pounded and still not admit it is great fun.
     

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