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Dems pounce on ethanol concession
San Francisco Chronicle ^ | 6/15/11 | Carolyn Lochhead, Chronicle Washington Bureau

Posted on 06/15/2011 1:02:08 PM PDT by SmithL

Senate Democrats are making hay today with yesterdays' vote by a majority of Senate Republicans to repeal the tax credit for ethanol in defiance of Grover Norquist's "Taxpayer Protection Pledge."

Here's the e-mail blast from Chuck Schumer and Bob Menendez, with a conference call coming: "In Watershed Moment, 34 Senate Republicans Broke With Right Wing Ideology Yesterday -- Vote Means Tax Expenditures Now Fair Game To Reduce Deficit...Schumer, Menendez to Call Yesterday’s Vote 'Sea Change' That Will Boost Movement to Finally End Wasteful Oil and Gas Subsidies."

They are correct. The vote breaks GOP orthodoxy that for decades has pretended that tax subsidies are tax cuts. In fact they are spending in disguise;

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


TOPICS: Editorial; Government; Politics/Elections
KEYWORDS: corn; corngas; ethanol; farmpimps; farmwelfare; green; pork; subsidies; subsidy; welfare; yourtaxdollarsatwork
We should not be subsidizing ethanol!
1 posted on 06/15/2011 1:02:15 PM PDT by SmithL
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To: SmithL
Senate Democrats are making hay today with yesterdays' vote by a majority of Senate Republicans to repeal the tax credit for ethanol in defiance of Grover Norquist's "Taxpayer Protection Pledge." Here's the e-mail blast from Chuck Schumer and Bob Menendez, with a conference call coming: "In Watershed Moment, 34 Senate Republicans Broke With Right Wing Ideology Yesterday -- Vote Means Tax Expenditures Now Fair Game To Reduce Deficit...Schumer, Menendez to Call Yesterday’s Vote 'Sea Change' That Will Boost Movement to Finally End Wasteful Oil and Gas Subsidies."

Schumer and Mendaciosnez are, as usual, full of crap. Ethanol is a horrible HORRIBLE thing to encourage, and tax breaks to promote horrible things isn't the way to go.

Tax breaks to promote GOOD things, IS, such as the tax breaks for new petroleum drilling.

But they knew that already, they are just hatin' on America, as usual.

2 posted on 06/15/2011 1:06:33 PM PDT by Lazamataz (First we beat the Soviet Union. Then we became them. -- Lazamataz, 2005)
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To: SmithL

Hey democrats, Weiner. That is all I am saying.


3 posted on 06/15/2011 1:06:40 PM PDT by FlipWilson
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To: SmithL

but didn’t they vote for it too?


4 posted on 06/15/2011 1:06:40 PM PDT by ilgipper ( political rhetoric is no substitute for competence (Thomas Sowell))
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To: SmithL
We should not be subsidizing ethanol!

Tell that to McConnell and the other traitor Republican Senators who voted for it.

5 posted on 06/15/2011 1:09:26 PM PDT by Roccus
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To: SmithL

Check any ethanol article at Popular Mechanics and every one is against it. Seems to me, they might know better than congresscritters.


6 posted on 06/15/2011 1:14:34 PM PDT by bgill
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To: SmithL
...a Watershed Moment, 34 Senate Republicans Broke With Right Wing Ideology Yesterday.

Except most conservatives I know agree with the 34 Senate Republicans and think Norquist is off his rocker equating eliminating farm subsidies with tax increases.

7 posted on 06/15/2011 1:14:57 PM PDT by apillar
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To: SmithL
Correct. I agree. And I will take it one step further. I don't think we should not be subsidizing ANYTHING.

And, no matter how many times they say it, the democrats will NOT convince me that tax cuts, tax breaks, tax deductions, etc. are “spending in disguise”.

That is tantamount to declaring that ALL income earned in the United States belongs to the federal government, but that each year our benevolent congress “generously” agrees to “spend” a portion of each of our incomes on us so that we may be “allowed” to keep some of what we have earned.

And that is 100% bass-ackwards!

8 posted on 06/15/2011 1:15:49 PM PDT by WayneS ("I hope you know this will go down on your PERMANENT record...")
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To: SmithL

I read up a little on ethanol fuel yesterday and apparently the refiners make ethanol free fuel - when they get to the distributors they are blended with ethanol to then go to the stations.
They are getting $0.45/gal back for ethanol fuel and there’s Fed quotas that keep going up- so E0(zero Ethanol) is becoming harder to find. If the distributors don’t hit their Fed Ethanol mark they do a ‘cap & trade’ dance - so best for them not to offer E0.


9 posted on 06/15/2011 1:19:20 PM PDT by libertarian27 (Ingsoc: Department of Life, Department of Liberty, Department of Happiness)
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To: SmithL

The GOP farm state senators have clearly put their personal interests and their states’ interests above the nation’s interests and the American peoples’ interests.


10 posted on 06/15/2011 1:24:57 PM PDT by LowTaxesEqualsProsperity
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To: WayneS

Special breaks, for selected groups or sectors, are indeed tantamount to spending. You are simply quibbling over the manner of the delivery of the subsidy.

If the government is determined to collect (and spend) a certain amount of tax revenue; then special breaks mean that everyone else has to pay extra.

This whole thing is nothing but a diversion — a rhetorical trap. The “breaks” given to the oil and gas industry are not the same as the tax expenditures subsidizing the ethanol industry.


11 posted on 06/15/2011 1:28:16 PM PDT by USFRIENDINVICTORIA
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To: Lazamataz

I agree and Grover Norquist is an idiot.


12 posted on 06/15/2011 1:34:24 PM PDT by jospehm20
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To: LowTaxesEqualsProsperity
The GOP farm state senators have clearly put their personal interests and their states’ interests above the nation’s interests and the American peoples’ interests.

That's how a representative republic works.

13 posted on 06/15/2011 1:35:25 PM PDT by smith288 (Peace at all costs gives you tyranny free of charge)
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To: Lazamataz
In Watershed Moment

Is that like a teachable moment?

14 posted on 06/15/2011 1:38:15 PM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: Puppage
Democrats are the party of the dumb.

Burning food a policy?

15 posted on 06/15/2011 2:03:28 PM PDT by scooby321
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To: LowTaxesEqualsProsperity

There are Demon senators from those states too. And they didn’t want to cut the subsidies either.


16 posted on 06/15/2011 2:28:55 PM PDT by Always Independent
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To: SmithL

umm I guess these guys never heard of the Flat Tax?


17 posted on 06/15/2011 3:11:58 PM PDT by ari-freedom (All we are saying....is give the military a chance)
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To: Always Independent

“There are Demon senators from those states too. And they didn’t want to cut the subsidies either.”

does that mean that they broke from left wing ideology?


18 posted on 06/15/2011 3:13:22 PM PDT by ari-freedom (All we are saying....is give the military a chance)
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To: ari-freedom

They love subsidies for the farmer.


19 posted on 06/15/2011 3:25:00 PM PDT by Always Independent
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To: SmithL
'Bio'-Ethanol = 96% ethanol, 4% water

'Petroleum'-Ethanol = 100% ethanol, 0% water.

Guess which one the government is subsidizing?

20 posted on 06/15/2011 3:32:15 PM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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To: libertarian27
If the distributors don’t hit their Fed Ethanol mark they do a ‘cap & trade’ dance -

Do you have the link to this?

21 posted on 06/15/2011 8:01:46 PM PDT by Cobra64 (Common sense isn't common anymore.)
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To: Cobra64

I was reading this blog for that info:
http://stopethanol.wordpress.com/2011/04/01/new-hampshire-may-ban-corn-ethanol-blending/


22 posted on 06/15/2011 8:23:50 PM PDT by libertarian27 (Ingsoc: Department of Life, Department of Liberty, Department of Happiness)
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