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From: C. E. White on 30 Jul 2010 00:13 "The Henchman" <yup(a)yup.org> wrote in message news:i2t4bf$k3g$1(a)news.eternal-september.org... > Since governments make a lot of tax money on oil, they should pay for some > of the clean-up. You make a very good point. Federal, state and local government make a lot of money off selling oil rights, oil company taxes, taxes paid on gasoline, property taxes on oil company properties and taxes paid by oil company employees. Government profit from the oil instudry as much as any oil company. The Federal government leased the drilling rights for the Deep Horizon site to BP. The Federal government was responsible for monitoring the BP operation and insuring it was done properly. It is amazing to me how the politicians have managed to duck responsibility for this tragedy. I have to wonder how the press would have treated GWB if this had happened while he was mismanaging the country. I doubt they would have been as sympathetic as they have been towards the current administration. Ed
From: C. E. White on 30 Jul 2010 00:21 "edspyhill01" <edspyhill01(a)gmail.com> wrote in message news:ef5a28d9-a4b7-4b2c-98e7-24808cb761cc(a)i31g2000yqm.googlegroups.com... > > Even though President Obama promised BP will cover 100% of the cost of > repairing and cleaning up the Gulf Oil Disaster, the Wall Street > Journal reports that BP will force taxpayers to pick up at least $9.9 > billion of the bill. > > How will this happen? BP is planning to use tax-code provisions that > allow companies to get refunds on losses. Since the disaster will cost > BP at least $32 billion, they want almost $10 billion dollars from > taxpayers -- effectively cutting BP clean-up costs by a third. So you think it is unfair that BP doesn't have taxes on money it didn't make? Maybe this is a new ploy by liberals - tax people on what you feel they should have made instead of what they actually made. I can see the beauty of this plan = you can hits bums on the street with million dollar tax bills because they should have made millions in the stock markets. Farmer whose crop failed because of a drought still must pay taxes based on what the government feels they would have made if they had only been farming in another state. Heck, they can even tax the dead - after all if they hadn't made the mistake of dying they probably would have made money. > This is unacceptable. What I find unacceptable is bullshit liberal reporting promoting the idea that the government is entitled to stealing as much as possible from as many people as possible. You seem to think BP should have to pay for the clean up and then pay taxes on the money they spent on the clean up. If the government tax rates weren't so high, this would be a none issue. And if the government inspectors had done their jobs, their might not have been a disaster. > The good news is getting BP to drop their claim is a fight we can win. > Just this year, public pressure got J.P. Morgan Chase to drop its plan > to claim $1.4 billion in tax credits after receiving $25 billion of > bailout money. And Goldman Sachs Group agreed not to claim $187 > million in tax breaks on the $550 million SEC fine over the Abacus > mortgage lawsuit.
From: Clive on 30 Jul 2010 05:40 In message <b02177dd-2071-4301-9b0a-400805a1af92(a)l14g2000yql.googlegroups.com>, edspyhill01 <edspyhill01(a)gmail.com> writes >Ooops, a bit jingoistic there, protecting a British company. The same >company that begged the CIA to depose the first and only >democratically elected president of Iran. If it wasn't for the >incredible greed and corruption of that British company, the Anglo- >Persian Oil Company, it might be a different world. You may not be an >American conservative but you are a british conservative. Same batch >of defective genes. You fallen into the same trap as all the rest. Nobody this side of the pond likes BP or any other petrol company either, because as you'll know, our fuel prices are sky high, go up when the cost of crude goes up, but doesn't drop when it should. We all know the oil companies are just profiteering, and it's a closed market so we've just got to grin and bear it. No, not jingoism, just common sense. Thanks for the sensible response anyway, it was like a bit of fresh air on this group. -- Clive
From: Clive on 30 Jul 2010 05:47 In message <UtmdnfbHzfXKzM_RnZ2dnUVZ_o-dnZ2d(a)earthlink.com>, C. E. White <cewhite3remove(a)mindspring.com> writes >The Federal government leased the drilling rights for the Deep Horizon >site to BP. The Federal government was responsible for monitoring the >BP operation and insuring it was done properly. It is amazing to me how >the politicians have managed to duck responsibility for this tragedy. For me, it's the same as the banks, what is called "light regulation" they play with the state and our assets be they oil, money, whatever, then go cap in hand for a bail out when they get into trouble. -- Clive
From: edspyhill01 on 30 Jul 2010 10:14
On Jul 30, 12:13 am, "C. E. White" <cewhite3rem...(a)mindspring.com> wrote: > "The Henchman" <y...(a)yup.org> wrote in message > > news:i2t4bf$k3g$1(a)news.eternal-september.org... > > > Since governments make a lot of tax money on oil, they should pay for some > > of the clean-up. > > You make a very good point. Federal, state and local government make a lot > of money off selling oil rights, oil company taxes, taxes paid on gasoline, > property taxes on oil company properties and taxes paid by oil company > employees. Government profit from the oil instudry as much as any oil > company. > > The Federal government leased the drilling rights for the Deep Horizon site > to BP. The Federal government was responsible for monitoring the BP > operation and insuring it was done properly. It is amazing to me how the > politicians have managed to duck responsibility for this tragedy. > > I have to wonder how the press would have treated GWB if this had happened > while he was mismanaging the country. I doubt they would have been as > sympathetic as they have been towards the current administration. > > Ed How much money do all levels of government make from taxes on citizen's wages? A shitload more that they collect from BP so we trump BP. I can't believe you sycophants are okay with having the citizens paying BPs losses. You guys are really socialists because you want the government, using our tax revenue, to make corporations whole. Either you are a capitalist or you are a socialist. You are a socialist. |