Mr Khan said:
Kasz216 said:
Moonhero said:
HappySqurriel said:
Moonhero said:
Oil Subsides! Screw Oil companies. |
Two questions:
What oil subsidies?
Do you have a problem with paying reasonable prices for food, transportation, and energy/heating costs for your house?
The oil companies pay royalties on the oil they produce and then pay taxes under the same rules as every other corporation in the country; and as a result they pay higher over all taxes but are entitled to the same deductions as everyone else. There only "crime" is they produce a product that everyone wants that is sold in a free market where the price is set by supply and demand; and a combination of governments preventing increased supply and economic growth in the third world increasing demand have resulted in increasing oil prices.
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http://priceofoil.org/fossil-fuel-subsidies/
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That's a very liberal definition of the word subsidy they have going there.
Practically nothing listed actually is a subsidy... and of the few that are... they seem to be ones not targeted directly at the oil industry... but that people want to take away ONLY from the oil industry because....
I have no clue...
If you want to eliminate that stuff for EVERYBODY sure.
Just picking on the oil industry though... doesn't really make sense.
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Because they're a high-profit, well-established industry that doesn't need a leg up?
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That's the point though... they don't have a leg up. The things they're referring to as subsidies are things that apply to everybody, and they don't want to get rid of them because oil industries are doing well, they want to because they're oil industries.
In otherwords, they want to penalize companies based on their buisness. Not remove advatnages.
Oil subsidies more or less don't exist.
