Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

McCaskill urges end to oil company tax breaks
The Kansas City (Red) Star ^ | May 13, 2011 | Unknown

Posted on 05/13/2011 3:39:05 PM PDT by MissouriConservative

Sen. Claire McCaskill says a proposal to take $2 billion in tax subsidies away from the five biggest oil companies should be the easiest bill Congress ever passed.

(Excerpt) Read more at kansascity.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; US: Missouri
KEYWORDS: clairemccaskill; mccaskill; missouri

1 posted on 05/13/2011 3:39:06 PM PDT by MissouriConservative
[ Post Reply | Private Reply | View Replies]

To: MissouriConservative

I’m guessing she doesn’t want to keep her precious Senate seat much longer. Someone needs to tell Claire that you run to the center or the right to get elected. This will not play well.


2 posted on 05/13/2011 3:40:00 PM PDT by MissouriConservative (Every election is a sort of advance auction sale of stolen goods. - H. L Mencken)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative

She’ll tell the brothers in St Louis that she’s gonna give it to them and win a landslide. Carry St Louis big enough in a statewide election, and you win automatically - just not enough folks with sense in the rest of the state to overcome the brain dead inner city masses...red


3 posted on 05/13/2011 3:46:43 PM PDT by rednek ("Light travels faster than sound. This is why some people appear bright until you hear them speak.")
[ Post Reply | Private Reply | To 2 | View Replies]

To: MissouriConservative


Osama watching his favorite senator, Claire "Love Pats" McCaskill, on TV.
4 posted on 05/13/2011 3:47:33 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative

Isn’t this like a bill of attainder? Passing a bill that specifically declares one industry (oil) to be taxed differently than others?


5 posted on 05/13/2011 4:02:11 PM PDT by WayneH (STCM USN Retired - Winning the Future - WTF)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LostInBayport

Yes osama’s favorite America hater right on his TV, I wonder if this was the porn that was mentioned.


6 posted on 05/13/2011 4:02:16 PM PDT by UB355 (Slower traffic keep right)
[ Post Reply | Private Reply | To 4 | View Replies]

To: MissouriConservative

End it for the “green” energy too, ClaireIdiot. =.=


7 posted on 05/13/2011 4:03:02 PM PDT by cranked
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative
Claire is going to get her ass handed to her in 2012 and everybody knows it. I'm pulling for Sarah Steelman to get the nomination for the GOP but since the apparatus doesn't care for Steelman time will tell who the nominee will be.
8 posted on 05/13/2011 4:04:42 PM PDT by Artemis Webb (artemis_webb@yahoo.com --Lord knows how long before I'm banned so please say hello sometime.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative

This is going to make energy cheaper??

I don’t think so.

Even an idiot like myself can see that the oil company will simply pass the cost’s on the the consumer, Me.

But isn’t that the point? Don’t they want to make gasoline $5.00 a gallon or more?


9 posted on 05/13/2011 4:33:09 PM PDT by Venturer
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative

And the oil companies will just raise product prices to cover it. That will make the senator very popular, huh?


10 posted on 05/13/2011 4:36:28 PM PDT by Quickgun (As a former fetus, I'm opposed to abortion. Mamas don't let your cowboys grow up to be babies..)
[ Post Reply | Private Reply | To 2 | View Replies]

To: MissouriConservative; randita; fieldmarshaldj; Impy; ExTexasRedhead

This is what’s known as demagoguery. Will it work. I don’t expect it will for McCaskill this time.


11 posted on 05/13/2011 4:51:15 PM PDT by Clintonfatigued (Muslims are a people of love, peace, and goodwill, and if you say that they aren't, they'll kill you)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Clintonfatigued; unkus; flat; stephenjohnbanker; bitt; freekitty

We The People must do some major cleaning come November 2012!


12 posted on 05/13/2011 4:52:50 PM PDT by ExTexasRedhead
[ Post Reply | Private Reply | To 11 | View Replies]

To: MissouriConservative

GOP needs to get ON THE AIR TONIGHT with the line, “Sen. McCaskil wants $6.00 a gallon gasoline.”

Get out in front of this thing and f’n BEAT it like a red-headed stepchild!


13 posted on 05/13/2011 5:22:39 PM PDT by HKMk23 (A free man unarmed is just a slave on borrowed time.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative

Now is this the same Claire McCaskill who did not pay taxes on her PERSONAL airplane for several years in a row? That Claire McCaskill?


14 posted on 05/13/2011 6:30:38 PM PDT by Recovering_Democrat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Recovering_Democrat
Now is this the same Claire McCaskill who did not pay taxes on her PERSONAL airplane for several years in a row?

That Claire McCaskill?

Yep, the very same same Crazy Claire.

She is still doing her lap dance for 0bama like she has on all his many failed policies and programs.

$4 or more for a gallon of gasoline means nothing to her. She is an elitist who does not care about what happens to the peasants.

She is depending on her moronic St Louis & & Kansas City base to reelect her.

The republicans need a candidate who will energize those who attend tea parties to turn out in big numbers.

15 posted on 05/13/2011 7:06:49 PM PDT by TYVets (Pure-Gas.org ..... ethanol free gasoline by state and city)
[ Post Reply | Private Reply | To 14 | View Replies]

To: TYVets

What she means is until she gets her tax free gift .


16 posted on 05/13/2011 7:31:34 PM PDT by fantom (,)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Recovering_Democrat; TYVets

It took all the way to Post #14 for someone to remember. Good job.


17 posted on 05/13/2011 7:36:13 PM PDT by sefarkas (Why vote Democrat Lite?)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Clintonfatigued; sickoflibs; GOPsterinMA; fieldmarshaldj

Yeah gas prices will go down instead of up if you hike taxes on oil companies. Genius!

Next she’ll suggest smearing ice cream on your arms to keep the mosquitoes away.


18 posted on 05/13/2011 7:43:34 PM PDT by Impy (Don't call me red.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Impy; Clintonfatigued; sickoflibs; fieldmarshaldj

Nice analogy!


19 posted on 05/13/2011 7:49:09 PM PDT by GOPsterinMA (Some men DO just want to watch the world burn.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: MissouriConservative

....how is crushing the oil companies with fat taxes going to bring down the price or help the consumer?


20 posted on 05/13/2011 8:15:55 PM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tzimisce

The same as driving Boeing out of the country. Obama is for the little guy, right South Carolina?


21 posted on 05/13/2011 8:25:20 PM PDT by eyedigress ((Old storm chaser from the west)?)
[ Post Reply | Private Reply | To 20 | View Replies]

To: MissouriConservative
Sen. Claire McCaskill says a proposal to take $2 billion in tax subsidies away from the five biggest oil companies should be the easiest bill Congress ever passed.

1. Evidently, Senator McCaskill can't distinguish between a "subsidy" and a "tax deduction". Welfare is a "subsidy"; its recipients get a check from the taxpayers. A "tax deduction" is what you take for your mortgage interest.

2. Somebody should ask Senator McCaskill to define the difference between amortization of capital assets as they apply to her corporate airplane and drilling expenses. Why is one a valid tax deduction and the other is not.

MC, your Senator is now officially in the race for "dumbest person in the Senate".

22 posted on 05/13/2011 8:26:33 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative

In other words, “I want gas prices to go even higher!”

Businesses do not pay taxes - they pass the costs along to consumers. There should not be any business taxes.


23 posted on 05/13/2011 8:40:25 PM PDT by Pining_4_TX
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative

More demagoguery by the leftists. Unfortunately the weak kneed Republicans are going to lose both the PR battle and the war with their normal politics.

Go on the offensive. Talk about Obama’s buddies at GE paying zero income tax while the oil companies pay billions in taxes. Talk about Goldman Sachs raking in billions and paying out billions in bonuses.

Also talk about how US companies that don’t have sweetheart deals like Goldman and GE pay higher corporate taxes than Chinese companies resulting in American jobs going to China.

Offer a real solution. Take the corporate tax rate to a flat 20%. Period. No credits, deferrals, loopholes and subsidies. Tell the public we want to do better than the Dems — end all of the tax loopholes across the board and make every corporation pay the same rate. End all special privileges while making the US corporate tax rate competitive with Europe and Asia to encourage investment in the US. Even the dumbed down US public can understand this call to action.

The Republicans are playing a PR game they can’t win by defending oil tax credits. The only way to win is this one is by turning the tables, offering to eliminate all corporate tax breaks while at the same time getting a flat corporate tax rate set at a level to make US companies competitive. It is a winning message and good for the economy.


24 posted on 05/13/2011 8:54:35 PM PDT by Soul of the South (When times are tough the tough get going.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative

The left really wants to end tax breaks for all non-leftist things. That’s the left’s pipe dream.


25 posted on 05/13/2011 9:58:07 PM PDT by johnthebaptistmoore (If leftist legislation that's already in place really can't be ended by non-leftists, then what?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rednek

It’s the majority of all U.S. city voters that are, profoundly, harming the long-term survival of, both, the GOP and U.S. conservatism.


26 posted on 05/13/2011 10:01:52 PM PDT by johnthebaptistmoore (If leftist legislation that's already in place really can't be ended by non-leftists, then what?)
[ Post Reply | Private Reply | To 3 | View Replies]

To: WayneH
Isn’t this like a bill of attainder? Passing a bill that specifically declares one industry (oil) to be taxed differently than others?

Not just one specific industry, but a few companies singled out within it. So that brings equal protection clause questions as well.

I wonder if anyone in DC who was not a tourist has read the Constitution?

27 posted on 05/14/2011 4:17:57 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: MissouriConservative

Do these losers even OWN televisions? One of their own, former congresscritter Martin Frost has backed up what Gov. Palin has already said:

“Big Oil” has not been allowed to receive these subsidies since 1976. And they aren’t getting them now. Don’t take my word for it. Here’s the broadcast interview.

http://conservatives4palin.com/2011/04/democrat-martin-frost-effectively-concedes-palins-analysis-of-the-oil-industry-is-accurate.html


28 posted on 05/14/2011 5:43:08 AM PDT by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson