On 8/17/2012 11:46 AM, Tim Daneliuk wrote:
On 08/17/2012 10:19 AM, Han wrote:
And no, the
oilcompanies get sufficient subsidy now - no need to give them more, au
contraire.

I think you have this wrong. The oil companies pay more in taxes than they
make in profit in a typical year. Here is just one analysis with
supporting citation:

http://taxprof.typepad.com/taxprof_b...xes_excee.html

It is the *government* that is subsidized by the oilcos not the other way
around....

Recently heard on TV that oil companies make about 6-8 cents on a gallon
of gas. Government makes 40 to 66 cents on the same gallon. In
Californica the gov makes 66 cents on a gallon.

We, the buyers of gas and related products pay for all of it, the gas,
the profit and the taxes.

I do know bottled water costs more than gas in spite of government
stupidity, so the gas companies are doing better than should be
expected. I also know the commies are really ****ed off that US oil is
making money, regardless of what our screwed up socialist government
throws at them.

--
Jack
Add Life to your Days not Days to your Life.
http://jbstein.com