Oil industry reaps subsidies as it fi...

Oil industry reaps subsidies as it fights cleanup tax

There are 74 comments on the TwinCities.com story from Jul 3, 2010, titled Oil industry reaps subsidies as it fights cleanup tax. In it, TwinCities.com reports that:

When the Deepwater Horizon drilling platform set off the worst oil spill in American history, it was flying the flag of the Marshall Islands.

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P T Bull

Hopkins, MN

#1 Jul 3, 2010
The NY times carrying water for obama--let's get off the subject of how he is not doing anything about the crisis.
gwisahoax

Minneapolis, MN

#2 Jul 3, 2010
According to this author, a subsidy is the same as a tax deduction. If thats the case, we subsidize every millionaire in this country. But... Since the vast majority of tax revenue comes from the wealthy, are they not subsidizing themselves?

Democrats believe that all money belongs to the government and out of the goodness of their hearts they let us keep some of it.

Is Transocean the villain here? Not in the least, they didn't write the tax code.
Amusing

Minneapolis, MN

#3 Jul 3, 2010
It is amusing to see how the right wingers fall over themselves for big business and oil companies. No doubt these two twits ahead of me in the comments would have also apologized to BP for us making a fuss out of them polluting our beaches. So do you pledge allegiance to the flag or to whatever corporation you work for? You twits are always so paranoid about the big bad government. Let the corporations be our governments and then you will see some true horror show stuff. At least with government I can vote once and awhile...what can I do with a corporation running the world? You tea baggers need to wake up and understand where the true threats are for our freedom.

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dan

Springfield, MO

#4 Jul 3, 2010
then why isnt the marshall islands helping in the cleanup?
TiVo Girl

Minnetonka, MN

#7 Jul 4, 2010
Despicable. This is what many US Corporations are doing: reincorporating somewhere else as a means of tax evasion. Then their customers (us) get stuck footing the bill for what corporate taxes should be paying for, and get screwed a second time when they jack up their prices.

Here's the kicker: Didn't Obamanure say that he was going to go after corporations that incorporated in the Caribbean for tax evasion? "Yes, he did!" Still waiting....
Carpenter Bob

Parkers Prairie, MN

#8 Jul 4, 2010
If your company isn't registered in the U.S. then you can't drill in U.S. waters. Go drill next to the Marshall Islands.
hmmmmmmmmmmmmmmm

Minneapolis, MN

#9 Jul 4, 2010
Amusing wrote:
It is amusing to see how the right wingers fall over themselves for big business and oil companies. No doubt these two twits ahead of me in the comments would have also apologized to BP for us making a fuss out of them polluting our beaches. So do you pledge allegiance to the flag or to whatever corporation you work for? You twits are always so paranoid about the big bad government. Let the corporations be our governments and then you will see some true horror show stuff. At least with government I can vote once and awhile...what can I do with a corporation running the world? You tea baggers need to wake up and understand where the true threats are for our freedom.
What can you do with a corporation running the world? You would'nt see a huge budget deficit like slobama has right now. If you did, they would find a new CEO to balance the budget. Sound like a better run show than what the democraps have going on now.

Since: Feb 08

Baldwin City, KS

#10 Jul 4, 2010
Regardless of how you feel about subsidies and tax "breaks", ask yourself:

Whose Congress passed these tax laws?

What political parties voted for/against them?

How did your Senator/Representative/Preside nt vote?

How much money did your Senator/Representative/Preside nt receive from big businesses?

So ... what could YOU do about it?

(remember, a business, unlike a governemnt, has to produce something, goods or services, to sell and make money. All their expenses, including taxes, areincluded in the selling price, which YOU, directly or indirectly, pay.

So .. what WILL you do about it?
hmmmmmmmmmmmmmmm

Minneapolis, MN

#11 Jul 4, 2010
TiVo Girl wrote:
Despicable. This is what many US Corporations are doing: reincorporating somewhere else as a means of tax evasion. Then their customers (us) get stuck footing the bill for what corporate taxes should be paying for, and get screwed a second time when they jack up their prices.
Here's the kicker: Didn't Obamanure say that he was going to go after corporations that incorporated in the Caribbean for tax evasion? "Yes, he did!" Still waiting....
How about not taxing the piss out of corporation so the DONT go somewhere else. You expect a corporation to stay here, take in the behind on taxes, and somehow find a way to keep prices down? You bitch if prices are sky high and then bitch if the corporation go else where.
dum dums

Duluth, MN

#13 Jul 4, 2010
isn't it too bad that this country is so against capitalism that it continues to force companies out of this country by taxing the h*ll out of them. just look at all the goods we buy and use everyday, how can so many items be cheaper to make and ship half way around the world then to make right here. it is sad really what this country has become.
dum dums

Duluth, MN

#14 Jul 4, 2010
Amusing wrote:
It is amusing to see how the right wingers fall over themselves for big business and oil companies. No doubt these two twits ahead of me in the comments would have also apologized to BP for us making a fuss out of them polluting our beaches. So do you pledge allegiance to the flag or to whatever corporation you work for? You twits are always so paranoid about the big bad government. Let the corporations be our governments and then you will see some true horror show stuff. At least with government I can vote once and awhile...what can I do with a corporation running the world? You tea baggers need to wake up and understand where the true threats are for our freedom.
business is what made this country and the overstepping government we have grown to love will break it. instead of going out there and making things happen, people now just expect the government to help them out. there is no motivation to get off one's *ss and go make a living because the government will bail out the poor. i say to hell with the poor..
Chip Chipperson

Duluth, MN

#15 Jul 4, 2010
Even though this really is about political ideology, I love how the sheep that are the American people are so quick to defend their side.
Political arguments have become nothing more than name calling, childish, uninformed babble by middle aged white guys.
Big G

Hudson, WI

#16 Jul 4, 2010
If you don't like BP gas, buy Exxon. If you don't like WalMart, shop at Target. If you don't like Cub, shop at Rainbow. But it will soon come that if you don't like Obamacare, where will you go?
kevin swede prairie

Albert Lea, MN

#17 Jul 4, 2010
If you dont like oil companies use ethanol its cheap, the food value is still left after ethanol is taken out,latest studies show you get 2.3 times the energy back as used to produce the corn and make the ethanol,its clean and good for environment,it is cheaper and renewable,its only negative is it steals oil companies market share thats why they push all the propaganda about it, and its made here with good ol USA jobs.
Amusing

Minneapolis, MN

#18 Jul 4, 2010
dum dums wrote:
<quoted text>
business is what made this country and the overstepping government we have grown to love will break it. instead of going out there and making things happen, people now just expect the government to help them out. there is no motivation to get off one's *ss and go make a living because the government will bail out the poor. i say to hell with the poor..
It is Sunday today so I just thought I would say that I'm sure Jesus is so proud of you. I'm sure he is working hard to throw the poor in hell. Compassion is evil right? Says so in the bible doesn't it?
Amusing

Minneapolis, MN

#19 Jul 4, 2010
hmmmmmmmmmmmmmmm wrote:
<quoted text>
What can you do with a corporation running the world? You would'nt see a huge budget deficit like slobama has right now. If you did, they would find a new CEO to balance the budget. Sound like a better run show than what the democraps have going on now.
So you pledge allegiance to corporations over your government? Wow...at least you are honest.
Captain Hiltz

Saint Paul, MN

#20 Jul 4, 2010
Stop taxing the hell out of corporations? Last year Exxon paid $0 in Federal taxes. The same with GE and probably others. Yes, these corporations have certain set percentages that they are suppose to pay but once their tax people get done working the numbers it just doesn't happen. They cry out that they being taxed and then move their operations out of the country to further avoid the possibility of paying. No one likes to pay taxes but if you want a coherent, functioning society, it cost money and that money has to come from somewhere. Yes, part of the reason the government is in the hole is mismanagement of funds but the other reason is that those who have the means aren't paying their fair share and the burden falls on the individual tax payer. Besides we should have been moving towards non fossil fuels over the last 40 years so we didn't have a repeat of what OPEC did to us in the 1970's.

As to Dum Dums who said "To hell with the poor" I don't believe anyone in their right mind chooses to be in that state. It happens for many reasons. Just remember Dum Dums, someday you could be poor.
Captain Hiltz

Saint Paul, MN

#21 Jul 4, 2010
Big G wrote:
If you don't like BP gas, buy Exxon. If you don't like WalMart, shop at Target. If you don't like Cub, shop at Rainbow. But it will soon come that if you don't like Obamacare, where will you go?
Whats the difference between the companies you listed? Has the recent health care bill directly affected you? No? I didn't think so. Would you rather have a monopolistic health insurance entity or some competition? What does health care have to do with the original subject?
Daniel Bliss

United States

#22 Jul 4, 2010
Amusing wrote:
Let the corporations be our governments and then you will see some true horror show stuff.
I believe that horror show will come sooner than most think, with the recent Supreme Court decision on campaign money.
Daniel Bliss

United States

#23 Jul 4, 2010
Former McDowell Resident wrote:
<quoted text>tea baggers is an insulting term started by those on the left
It's an insult from those of us in the middle, too.

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