Rich people are against government handouts only when given to the poor. They preach the gospel of free markets but half of these corporations would be dead in the water without government. This goes for any person who started a small business with a loan from the government. Small business loans from the government is a handout as far as I'm concerned.
so let me get this clearyou want to add 78B taxes to oil companieswho will simply raise gas pricesdo you want $20 gas?
Depends on two things. Whether you believe its the governments job to forcibly prevent damage to the environment and whethe you think the burning of fossil fuels is damaging the environment. If you answer no to either one of those then the tax breaks are probably good.
Does the government have the responsibility to prevent an environmental catastrophe caused by the actions of individuals and whose ill effects will infringe upon the prosperity of others?
It has the responsibility to enforce reasonable environmental laws, and to hold the people who break those laws accountable.
And yet we have people on this board like 33, Tony, Mcway etc defending this shit.Must be a case of Stockholm syndrome.
I don't believe in subsidies for any businesses, via tax code, tax money or otherwise.supporting businesses that don't need subsidies and businesses that can't compete without them. This nation has wasted a shit ton of capital on Bad.
"subsidizing oil companies is bad. subsidizing the auto industry saves jobs. because oil is bad. and cars are good. people who work for oil companies are bad. people who work for auto makers need our help!"-liberals on this board
So your assuming the profits of the oil companies and the auto companies are the same? One has un believable profits and is doing fine...the other almost collapsed and would have put a million workers out of work (Had it not been for the subsidy)This is like giving 100 dollars to the billionaire vs someone in actual need.Do you actually need someone to explain the difference to you? Sarah palin moment I guess???
So you're ok with subsidies but only for those companies that are poorly managed...got it!!!