| Re: [GMCnet] Lithium ion house batteries. Get off of this subject [message #220535] |
Fri, 30 August 2013 13:00  |
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hnielsen2
Messages: 1434
Registered: February 2004
Location: Alpine CA
Karma:
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Senior Member |
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Folks
This subject is getting old.
Two plus days is more then enough.
Yes ever one of us gets some kind of tax brake.
If and when I become Emperor/King.
I haven't decide what I want to be called.
Maybe Hotel Alpha.
I've been called that a time or two.
You all will loose your tax brakes and only pay a flat tax on your purchases.
I got CALLED OUT for bring up more then once how veterans could get help by going to the VA
Again even if you have medical coverage
Still sign up for VA coverage.
If you need help with VA call Robin Hood.
You earned it by serving your country.
Emery where are you?
Thank You
Howard
Alpine Ca
All is well with my Lord
Never Give Up
On Aug 30, 2013, at 9:03, Mark <mark@habcycles.com> wrote:
>
>
> bobby5832708 wrote on Fri, 30 August 2013 02:31
>> Mark,
>>
>> You object to the $7500 tax credit for the electric car but you don't mind the:
>>
>> "....$2.4 billion a year in tax deductions enjoyed by the big-five oil companies."
>>
>> I cut & pasted that quote from an article written in 2012.
>>
>> Different stories have different dollar amounts but they're always in the $billions$. Personally, I don't see why my tax dollars go to subsidize an industry that is extremely profitable.
>>
>> Why can't I get a tax subsidy for my GMC? It seems like everyone else gets govt money for something or another, I feel left out!
>
> The tax breaks that everyone whinges about big oil getting are those common to ANY corporation. And Matt's right - if you up the tax to big oil, the cost flows right through to us. The "no free lunch" and "something for nothing" adages apply here full force.
>
> And it's critically important to note that these "evil" big oil companies make a profit of about $0.08 per gallon on gas. The average tax on gasoline is almost $0.50. Yet the naive are led to believe that oil company execs are lighting their stogies with $100 bills while they rob us all blind. In fact, the oil/gas business is a low-margin business that makes big profits only because it has HUGE sales. No one in their right mind would start a complicated, highly regulated business with the promise of making $0.08 on sales of over $3.00.
>
> If you REALLY want to cut the fat out of the cost of a gallon of gas, work to get the taxes reduced, since even making the gas companies into virtual non-profits isn't going to save us squat. The other way to reduce the cost of gas is to reduce the cost of crude oil (which constitutes the vast majority of the cost of gasoline, no surprise), which can be done as well.
>
> Notice that the only actor in this drama with the ability to change the cost we pay at the pump significantly is the government (including state and local, who add their own taxes to each gallon of gas we buy). Cutting the taxes and allowing more exploration and production of crude oil could make a difference. But there's little political will to do so because of the vocal, if misguided ire against "evil big oil".
> --
> Mark Hickey
> Mesa, AZ
> 1978 Royale Center Kitchen
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