Queery #2

Gwad

Damn if their not subsidies and just tax breaks is that still corporate socialism? Or could you give tax breaks for people's basic cost of living needs and not have it be socialism?

SFGbob

2001400ex said:

SFGbob said:

2001400ex said:

SFGbob said:

2001400ex said:

SFGbob said:

You provided a link that pontificated that our military keeping shipping lanes open could also qualify as a "subsidy" to the oil industry.

You didn't provide shit. You cut and pasted an article that you didn't even read and if I were to attack it you wouldn't even defend.

The article clearly explained the military deal.

That being said, you said "most subsidies can be claimed by every other company". What you ignore is the subsidies they do get to claim. This is the second time I had to explain that to you.

I didn't ignore anything you lying Kunt that's just another one of your standard dodges. First of all, allowing business to deduct business expenses is hardly a subsidy by an clear definition of the word. Second of all

In 2012 the top two corporations paying federal taxes in the US were ExxonMobil and Chevron CVX +2.07% paying a combined total of $45.2 billion. On average, the industry pays a 45% tax rate when all state, federal, and foreign taxes are totaled up. By comparison the Healthcare Industry pays a total rate of 35% and the Pharmaceuticals pay an estimated rate of 21%. Based upon these numbers it’s hard to believe which business sector is criticized the most for “subsidies”.

Why do you like to bring in state and foreign taxes in this discussion but don't want to include payroll taxes paid to the government and reported on income tax forms for individuals?

Hypo fucking crit.

I do appreciate your attempt to lie with statistics tho. It's cute.

You mean "lies" like when you call business tax deductions "subsidies?"

And I bring in all the taxes paid by the oil industry because I wasn't limiting it to just Federal taxes. I don't include payroll taxes when I'm talking about income taxes because they're not income taxes despite your fucking lies to the contrary.

If you wan't to talk about all taxes paid by individuals knock yourself out but I was specifically and only talking about income taxes.

Hypocrite

Yes, if you're a fucking moron the two examples are analogous

Blu82

CirrhosisDawg said:

Blu82 said:

It's so entertaining to watch libs stumble over their own bullshit.
Can't/won't answer questions, throw up diversions and smoke screens, lol.

No one takes you seriously Cletus.

So, Mr. Everybody Takes ME Seriously, why did you respond?

CirrhosisDawg

Blu82 said:

CirrhosisDawg said:

Blu82 said:

It's so entertaining to watch libs stumble over their own bullshit.
Can't/won't answer questions, throw up diversions and smoke screens, lol.

No one takes you seriously Cletus.

So, Mr. Everybody Takes ME Seriously, why did you respond?

I was responding to the question you asked Jethro.

CuntWaffle

Gwad said:

CuntWaffle said:

Gwad said:

good talk

Answer the actual question

actual question?

Great white flag wave as always

Gwad

CuntWaffle said:

Gwad said:

CuntWaffle said:

Gwad said:

good talk

Answer the actual question

actual question?

Great white flag wave as always

You seem confused on what this thing is.

PurpleJ

Gwad said:

Damn if their not subsidies and just tax breaks is that still corporate socialism? Or could you give tax breaks for people's basic cost of living needs and not have it be socialism?

You could just not tax them to begin with to pay for your ACTUAL socialism. HTH.

MikeDamone

2001400ex said:

SFGbob said:

Here's one of the "subsidies" listed by your source Hondo.

Intangible drilling oil & gas deduction ($2.3 billion)

Now here's what "Intangible drilling costs" really are.

Intangible Drilling Costs are essentially the cost of drilling a new well that have no salvageable value. Currently, most exploration companies are allowed to deduct 100% of the costs in the year they are incurred with the majors able to deduct 70% of the costs immediately with the remaining 30% amortized over 5 years. In what world would money spent that may or may not be recovered be capitalized as an asset?

So because we allow oil companies to deduct the cost of drilling a non-producing well in the world of Hondo the Kunt that's a "subsidy."

Hondo when you deduct your home mortgage or business expenses are you being "subsidized" by the Federal government?

Yes I know what my article said and what your article said. Thanks for repeating it.

And yes reducing my income for home mortgage INTEREST is a subsidy. People who rent can't deduct any part of their rent.

Businesses expenses are just that, a business expense. However, capital projects are capitalized and the oil industry gets to deduct drilling costs in the year incurred, which contrary to your article, should be capitalized.

You are awful at this.

Not stealing your money is a subsidy? Jesus, you’re one indoctrinated dumbfuck.

2001400ex

MikeDamone said:

2001400ex said:

SFGbob said:

Here's one of the "subsidies" listed by your source Hondo.

Intangible drilling oil & gas deduction ($2.3 billion)

Now here's what "Intangible drilling costs" really are.

Intangible Drilling Costs are essentially the cost of drilling a new well that have no salvageable value. Currently, most exploration companies are allowed to deduct 100% of the costs in the year they are incurred with the majors able to deduct 70% of the costs immediately with the remaining 30% amortized over 5 years. In what world would money spent that may or may not be recovered be capitalized as an asset?

So because we allow oil companies to deduct the cost of drilling a non-producing well in the world of Hondo the Kunt that's a "subsidy."

Hondo when you deduct your home mortgage or business expenses are you being "subsidized" by the Federal government?

Yes I know what my article said and what your article said. Thanks for repeating it.

And yes reducing my income for home mortgage INTEREST is a subsidy. People who rent can't deduct any part of their rent.

Businesses expenses are just that, a business expense. However, capital projects are capitalized and the oil industry gets to deduct drilling costs in the year incurred, which contrary to your article, should be capitalized.

You are awful at this.

Not stealing your money is a subsidy? Jesus, you’re one indoctrinated dumbfuck.

Yes we know that you don't think there should be taxes except to pay for the military.

TurdBomber

2001400ex said:

What legislation by any party actually benefits Americans?

Well that didn't take long.

TurdBomber

Blu82 said:

CirrhosisDawg said:

Blu82 said:

It's so entertaining to watch libs stumble over their own bullshit.
Can't/won't answer questions, throw up diversions and smoke screens, lol.

No one takes you seriously Cletus.

So, Mr. Everybody Takes ME Seriously, why did you respond?

Because Low IQ Cirrho remains faithful that calling people Cletus and Jethro will finally produce laughter & chins after the 1000th time.

MikeDamone

2001400ex said:

MikeDamone said:

2001400ex said:

SFGbob said:

Here's one of the "subsidies" listed by your source Hondo.

Intangible drilling oil & gas deduction ($2.3 billion)

Now here's what "Intangible drilling costs" really are.

Intangible Drilling Costs are essentially the cost of drilling a new well that have no salvageable value. Currently, most exploration companies are allowed to deduct 100% of the costs in the year they are incurred with the majors able to deduct 70% of the costs immediately with the remaining 30% amortized over 5 years. In what world would money spent that may or may not be recovered be capitalized as an asset?

So because we allow oil companies to deduct the cost of drilling a non-producing well in the world of Hondo the Kunt that's a "subsidy."

Hondo when you deduct your home mortgage or business expenses are you being "subsidized" by the Federal government?

Yes I know what my article said and what your article said. Thanks for repeating it.

And yes reducing my income for home mortgage INTEREST is a subsidy. People who rent can't deduct any part of their rent.

Businesses expenses are just that, a business expense. However, capital projects are capitalized and the oil industry gets to deduct drilling costs in the year incurred, which contrary to your article, should be capitalized.

You are awful at this.

Not stealing your money is a subsidy? Jesus, you’re one indoctrinated dumbfuck.

Yes we know that you don't think there should be taxes except to pay for the military.

I’m not a fan of the military, dipshit.

Blu82

TurdBuffer said:

Blu82 said:

CirrhosisDawg said:

Blu82 said:

It's so entertaining to watch libs stumble over their own bullshit.
Can't/won't answer questions, throw up diversions and smoke screens, lol.

No one takes you seriously Cletus.

So, Mr. Everybody Takes ME Seriously, why did you respond?

Because Low IQ Cirrho remains faithful that calling people Cletus and Jethro will finally produce laughter & chins after the 1000th time.

I think his lower 40's leftist IQ allows him to feel good about himself when he throws out self descriptions like this. He seems to fashion himself the playground bully. He doesn't realize that adults know what the playground bully suffers from.

CirrhosisDawg

Blu82 said:

TurdBuffer said:

Blu82 said:

CirrhosisDawg said:

Blu82 said:

It's so entertaining to watch libs stumble over their own bullshit.
Can't/won't answer questions, throw up diversions and smoke screens, lol.

No one takes you seriously Cletus.

So, Mr. Everybody Takes ME Seriously, why did you respond?

Because Low IQ Cirrho remains faithful that calling people Cletus and Jethro will finally produce laughter & chins after the 1000th time.

I think his lower 40's leftist IQ allows him to feel good about himself when he throws out self descriptions like this. He seems to fashion himself the playground bully. He doesn't realize that adults know what the playground bully suffers from.

First you were a tough guy.
Now you’re being bullied.
Do you have any pride? At all?

sarktastic

You don’t. Why should he?