corradoborg
Well-known member
- First Name
- Mike
- Joined
- Jun 29, 2021
- Threads
- 0
- Messages
- 114
- Reaction score
- 120
- Location
- Santa Cruz, CA
- Vehicles
- 2001 Toyota Tacoma S-Runner; F-150 Lightning order
- Occupation
- Corporate Physical Security Manager
Man, you're hilarious.Complete crap. Those are not subsidies. They are deductions for actual expenses. Duh. The left calls anything that is deducted as a business expenses a subsidy. Look, when I pay an employee to do a job, it is a cost of business. When Exxon explores a new oil field, the money they spend is actual cash. The "subsidy" you reference is simply the methodology by which they are allowed to recover (deduct) their actual costs. This is CASH they have spent. Not ONE DOLLAR of tax credit exists for fossil fuel - the term "Credits" in the left column is an out-and-out lie. The descriptions in the bar chart even define it as such - deductions are NOT credits. All four of those items are deductions for actual cash expenses, real outlays that the companies incur. There are NO actual subsidies for fossil fuels. None, except in the distorted nomenclature and fantasies of the green left. Spoken as a major contributor to environment causes and as an EV driver and owner of significant renewable energy production.
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