Quote:
Originally Posted by Clip-Clop
Should GE pay taxes?
Don't forget the inexcusable actions of the few typical blue dog Senate Dems that have always voted Republican. What else is in this bill?
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FTFY.
Yes, GE should pay taxes. Instead of us giving profitable companies billions a year in tax breaks. You know, because we are supposedly broke?
So: are you personally in favor of oil company subsidies, or not?
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'Democrats had proposed redirecting some of the $20 billion from the subsidies to renew a series of tax credits aimed at manufacturers of solar panels, wind turbines and electric cars. Those credits ran out at the end of last year, and the renewable-energy industry has been clamoring for Congress to restore them. The remaining $9 billion would have gone toward the budget deficit.'
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Tax credits for non-oil renewable energy startups or alternative energy? Billions towards our deficit? Rather than keeping the huge long-term subsidies to record-profit oil industries?
Sounds like a remarkably better idea. Too bad the Republicans filibustered it simply because it would have passed out of the Senate, with 51 votes, as our Constitution requires.