[jjotto]

If one doesn’t like it, it’s a “subsidy”. If one likes it, it’s an “investment”.

[org.whodat]

The problem is that the oil companies and other companies, want a 1000% return. Which is BS, let them have skin in the game . Capping depletion and depreciation is not going to kill anyone.

[Free Vulcan]

I think we need to take the Domestic Manufacturer’s Deduction and expand it to a greater deduction if that energy is refined, and a further deduction if sold in the U.S.

[Cheerio]

Just like class warfare sponsored by the RAT party, no amount of clarification is going to change the minds of the libtards who HATE CAPITALISM. Their messiah in the WH is supposed to be TRANSFORMING America into a European socialist style state.

[Eva]

Like I said before, oil companies and other companies on Obama’s enemy list should start posting profits in two ways, first in Obama dollars and then in BOD, before Obama dollars, just to clarify the situation.

[bert]

-——Integrated companies (i.e. “big oil”) can recover these exploration costs at 70%. Not a subsidy.———

This means that expenses are limited. Normal and ordinary business expense is not subject to tax,that is they are deducted.

The oil business is prohibited from such expanse in total...... they are forced to forgo 30% of their expense and be taxed on it. They are thus taxed at a higher rate.

Of course if they establish a separate corporation not subject to the rule there is not a problem.

[WOBBLY BOB]

Let’s have ethanol pimps like T-Paw have a ‘war bond’ type drive to buy biofuel stocks and put their money where their mouths are.

If corngas / biofuels are so wonderful, they should all become overnight millionaires.