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Queery #2

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    GwadGwad Member Posts: 2,855
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    Exactly as I suspected.

    Thanks for the confirmation

    Whatever helps you sleep under the reign of corporate socialism. I'm here to serve. :)
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    sarktasticsarktastic Member Posts: 9,208
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    You’re a sniveling little punk who didn’t learn basic history in high school. You suck up basic resources that would be better served helping guatamalans kidnap children at out border for personal gain.
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    SFGbobSFGbob Member Posts: 31,922
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    Gwad said:

    Exactly as I suspected.

    Thanks for the confirmation

    Whatever helps you sleep under the reign of corporate socialism. I'm here to serve. :)
    Do you think allowing the oil industry to take deductions that are available to all industries is a "subsidy?"

    What percentage or their revenue do you believe that corporations should pay taxes on?
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    GwadGwad Member Posts: 2,855
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    Psychological projection. Psychological projection is a defence mechanism in which the human ego defends itself against unconscious impulses or qualities (both positive and negative) by denying their existence in themselves while attributing them to others.
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    sarktasticsarktastic Member Posts: 9,208
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    Kids gonna kid
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    Blu82Blu82 Member Posts: 1,533
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    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.

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    CirrhosisDawgCirrhosisDawg Member Posts: 6,390
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    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.
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    2001400ex2001400ex Member Posts: 29,457
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    SFGbob said:

    Gwad said:

    Blu82 said:

    I support legislation that shuts down the federal government permanently. It’s a massive fucking waste. States are sovereign and should be responsible for managing their own social and political affairs. No more transfers of California wealth and prosperity to ignorant freeloaders who are so destitute and uncompetitive that they demand tariffs, labor restrictions and generalized economic protectionism. Shut it down. End the gravy train and handouts to trumptards.

    I would be all in favor of leaving just the California portion of the border unprotected and wall off the entire state. That would save us all a bunch of money, increase the safety of the rest of the country and put a big dent into drugs coming into our country.
    Let California be the safe harbor foe all illegals. Since they already want to be a sanctuary state let them put their resources where their socialist mouths are. FREE SHIT FOR EVERYBODY THAT WANTS IN! What a utopia.
    California makes you angry!

    Somewhere in your lunacy, however, is a thread of agreement. You won’t understand it, at all, but it is still worth mentioning and you can nod your head obliviously in agreement.

    The point of agreement is: “The wall” in 2019 is a far less destructive totem as slavery in 1860, but essentially serves the same purpose. It illustrates the intractable division — economic, social, and political— that defines today’s US. So, in other words, the US social contract is once again broken.

    States should be free to go their own way. Think how happy that would make Mississippi! California would be way better off.
    How happy will Kalifornians be when they learn they have to pay Donald Trumps government for the offshore oil?
    The oil that soaks up billions of dollars in subsidies (corporate socialism)?
    Liberals love the myth about oil company "subsides." Most of these "subsides" are the same form of corporate deductions that can be taken advantage of by every business.



    https://www.forbes.com/sites/drillinginfo/2016/02/22/debunking-myths-about-federal-oil-gas-subsidies/#6c7443126e1c
    "Most" El oh el. So most..... Still leaves billions every year in subsidies. I'm not surprised you don't get that.
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    SFGbobSFGbob Member Posts: 31,922
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    2001400ex said:

    SFGbob said:

    Gwad said:

    Blu82 said:

    I support legislation that shuts down the federal government permanently. It’s a massive fucking waste. States are sovereign and should be responsible for managing their own social and political affairs. No more transfers of California wealth and prosperity to ignorant freeloaders who are so destitute and uncompetitive that they demand tariffs, labor restrictions and generalized economic protectionism. Shut it down. End the gravy train and handouts to trumptards.

    I would be all in favor of leaving just the California portion of the border unprotected and wall off the entire state. That would save us all a bunch of money, increase the safety of the rest of the country and put a big dent into drugs coming into our country.
    Let California be the safe harbor foe all illegals. Since they already want to be a sanctuary state let them put their resources where their socialist mouths are. FREE SHIT FOR EVERYBODY THAT WANTS IN! What a utopia.
    California makes you angry!

    Somewhere in your lunacy, however, is a thread of agreement. You won’t understand it, at all, but it is still worth mentioning and you can nod your head obliviously in agreement.

    The point of agreement is: “The wall” in 2019 is a far less destructive totem as slavery in 1860, but essentially serves the same purpose. It illustrates the intractable division — economic, social, and political— that defines today’s US. So, in other words, the US social contract is once again broken.

    States should be free to go their own way. Think how happy that would make Mississippi! California would be way better off.
    How happy will Kalifornians be when they learn they have to pay Donald Trumps government for the offshore oil?
    The oil that soaks up billions of dollars in subsidies (corporate socialism)?
    Liberals love the myth about oil company "subsides." Most of these "subsides" are the same form of corporate deductions that can be taken advantage of by every business.



    https://www.forbes.com/sites/drillinginfo/2016/02/22/debunking-myths-about-federal-oil-gas-subsidies/#6c7443126e1c
    "Most" El oh el. So most..... Still leaves billions every year in subsidies. I'm not surprised you don't get that.
    What not surprising is that you're such a lightweight Kunt you can't even detail for us what these "subsidies" are. The oil industries pays billions in federal and state taxes and employs millions of people who in turn pay billions in taxes. Whatever "subsidies" the oil industry receives they payback in taxes far, far more.

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    2001400ex2001400ex Member Posts: 29,457
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    SFGbob said:

    2001400ex said:

    SFGbob said:

    Gwad said:

    Blu82 said:

    I support legislation that shuts down the federal government permanently. It’s a massive fucking waste. States are sovereign and should be responsible for managing their own social and political affairs. No more transfers of California wealth and prosperity to ignorant freeloaders who are so destitute and uncompetitive that they demand tariffs, labor restrictions and generalized economic protectionism. Shut it down. End the gravy train and handouts to trumptards.

    I would be all in favor of leaving just the California portion of the border unprotected and wall off the entire state. That would save us all a bunch of money, increase the safety of the rest of the country and put a big dent into drugs coming into our country.
    Let California be the safe harbor foe all illegals. Since they already want to be a sanctuary state let them put their resources where their socialist mouths are. FREE SHIT FOR EVERYBODY THAT WANTS IN! What a utopia.
    California makes you angry!

    Somewhere in your lunacy, however, is a thread of agreement. You won’t understand it, at all, but it is still worth mentioning and you can nod your head obliviously in agreement.

    The point of agreement is: “The wall” in 2019 is a far less destructive totem as slavery in 1860, but essentially serves the same purpose. It illustrates the intractable division — economic, social, and political— that defines today’s US. So, in other words, the US social contract is once again broken.

    States should be free to go their own way. Think how happy that would make Mississippi! California would be way better off.
    How happy will Kalifornians be when they learn they have to pay Donald Trumps government for the offshore oil?
    The oil that soaks up billions of dollars in subsidies (corporate socialism)?
    Liberals love the myth about oil company "subsides." Most of these "subsides" are the same form of corporate deductions that can be taken advantage of by every business.



    https://www.forbes.com/sites/drillinginfo/2016/02/22/debunking-myths-about-federal-oil-gas-subsidies/#6c7443126e1c
    "Most" El oh el. So most..... Still leaves billions every year in subsidies. I'm not surprised you don't get that.
    What not surprising is that you're such a lightweight Kunt you can't even detail for us what these "subsidies" are. The oil industries pays billions in federal and state taxes and employs millions of people who in turn pay billions in taxes. Whatever "subsidies" the oil industry receives they payback in taxes far, far more.

    I did provide a link that lists them out. And that link had the source data. And you still don't get it.
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    SFGbobSFGbob Member Posts: 31,922
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    edited January 2019
    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.
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    2001400ex2001400ex Member Posts: 29,457
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    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.
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    SFGbobSFGbob Member Posts: 31,922
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    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?



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    GwadGwad Member Posts: 2,855
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    Gwad said:

    good talk

    Answer the actual question
    actual question?
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    2001400ex2001400ex Member Posts: 29,457
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    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.
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    SFGbobSFGbob Member Posts: 31,922
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    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”.

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    2001400ex2001400ex Member Posts: 29,457
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    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.
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    SFGbobSFGbob Member Posts: 31,922
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    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.
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    2001400ex2001400ex Member Posts: 29,457
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    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
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