You Decide
In several different places I’ve seen headlines that indicate that the House passed a bill that increased taxes on the oil companies by $16 billion. Then I found the Reuters version on CNet: House shifts $16 billion toward renewable energy.
What they have done is take $16 billion dollars in tax incentives that have given to the oil, gas, and coal industries, and shifted the incentives to the renewable energy industry. The government isn’t getting more money, and the fossil fuel industry isn’t paying a higher rate. Big oil just lost a tax deduction.
Welcome to the club. I remember when Reagan eliminated the deduction for all interest except a home mortgage. It’s the loss of a deduction, not a tax increase. Are you questioning the logic of Ronald Reagan, Repub congresscritter?
6 comments
renewable energy = green pork!
I do not like green eggs and ham.
I do not like them, Sam-I-am.
Would you eat them
in a box?
Would you eat them
with a fox?
Personally, I think the swap to green pork from black pork is a step forward.
me too. i’d even eat green eggs and ham. i already do, if you count cage-free, non-factory-farmed.
Just add some chopped basil.
i would, but it died.
My condolences 😈